News blog

China Eastsea Business Software Ltd

  • BY: Andrew Hore |
  • POSTED: 24/01/2008 |

China Eastsea Business Software has moved from Plus-quoted to Aim. 

The business offers IT consulting and business process outsourcing services to customers in China. Customers include the government as well as telecoms, power, oil and petrochemical companies. It generated profits of £2.23m on revenues of £8.79m in the year to February 200

The business started out as a joint venture with oil refiner Sinopec, which is also a major customer contributing total revenues of £5.4m over the past three full financial years.

China Eastsea wants to expand into other markets and acquire similar businesses.

Evolution China is the broker to China Eastsea.

The shares were trading at 26.5p during the day.

© 2021 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds