Mobi Development Co., Ltd. Provides Earnings Guidance for the Six Months Ended 30 June 2019
July 19, 2019 at 07:19 am EDT
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MOBI Development Co., Ltd. provided earnings guidance for the six months ended 30 June 2019. The Board of Directors informed the shareholders of the Company and potential investors that the Group is expected to record an increase of over 80% in its unaudited consolidated net profit for the six months ended 30 June 2019 as compared to the corresponding period in 2018.
MOBI Development Co., Ltd. is an investment holding company principally engaged in the manufacture and sales of wireless communication antennas and base station radio frequency subsystems. The Company mainly operates through three segments. The Antenna System segment is engaged in the manufacture and sales of antenna systems and related products. Its antenna products include smart antennas, microwave antennas and repeater antennas, among others. The Base Station Radio Frequency Subsystem segment is engaged in the manufacture and sales of base station radio frequency subsystems and related products. Its radio frequency products include duplexers, filters, couplers and drives, among others. The Coverage Extension Solution segment is engaged in the manufacture and sales of coverage products. The Company operates businesses in China, Thailand, Japan, Canada, Mexico and Russia, among others.
MOBI DEVELOPMENT CO., LTD. 
