RNS Number : 7117U
China Eastsea Business Software Ltd
19 May 2008
For immediate release
19 May 2008
China Eastsea Business Software Limited
(AIM: CESG)
Trading update
China Eastsea Business Software Limited ('China Eastsea'), which provides information technology and business process outsourcing services, announces that it expects to report an operating profit ahead of market expectations for the year ended 28 February 2008.
China Eastsea intends to announce its results for the year ended 28 February 2008 toward the end of June and will confirm the date for release in due course.
ENDS
Contacts:
About China Eastsea
China Eastsea provides information technology and business process outsourcing services (ITO/BPO), IT consulting and a broad range of project work to clients in the petrochemical, petroleum, power and telecommunications industries, as well as to ministries, state authorities, municipalities, agencies and other organisations throughout the government sector in China. China Eastsea has a leading position in petrochemical/petroleum IT outsourcing market with Sinopec Zhenhai Refining & Chemical Company, one of the largest oil refining companies in China, as its biggest client.
The services provided by the Group include strategic planning, gap analysis, alignment, business and technology
transformation, performance management and technology selection and optimisation according to best practices. The Group offers design, development, implementation, control and maintenance relating to the use, creation, installation or integration of software, hardware, networks, systems and technologies. It also provides total ERP solutions from design to
development, implementation, training and maintenance.
The Group has proprietary technology on a management platform provided over internet, intranet and corporate portals, as well
as on information integration. The Group has successfully leveraged its expertise in search engines and information
management to build customised products to grow its government and telecommunications IT outsourcing market share.
This information is provided by RNS
The company news service from the London Stock Exchange
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