CHINA TOPIX

Despite Positive Mid-Year Results, Enice Registers a Loss

ALVIN MUNENE   |

Sep 01, 2016 01:17 PM EDT

Chinese telecommunication infrastructure provider, Enice has improved financially in the first half of 2016 but still remains at loss. In a report, the company said they had registered a net loss of 3.5 million RMB. This is a 65.13 improvement from the 10.1 million RMB losses the company registered last year.