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19-11-2008, 08:55 PM

abhinav2492 abhinav2492 is offline

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Sinotel Technologies Limited - By WestComb

Revision in forecast:

- Adjust 5% down for FY08 revenue, 6-12% down for FY09-10
- Maintain GPM for FY08, but trimmed 4ppt for FY09-10 as WestComb expect higher contribution from lower margin system integration business under wireless network solutions.
- Revise 5-6 % up for FY08-09 total operating expenses, keep estimates for FY10
- Overall, PAT adjusted 8% down for FY08 while 10-16% lower for FY09-10

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