GRG Reported the First-Half 2008 Financial Results

GRG Banking reported operating revenue of 542,553,785.64¥for the first half in 2008, an increase of 73.67 percent compared with the same period last year. The net income rose from 103,375,075.22¥to 155,127,413.71¥,an increase of 50.06 percent.


Moreover, the company has enhanced its control on internal expenses. According to the first half report of 2008, the percentage of sales and management expenses totaled 14.1%, with a decline of 1.1% compared with the same period last year.


Following with the increasing sales of ATMs, as well as the successful installation of AFCs in Beijing Metro in 2008, the company will continue to sustain its momentum by fully utilizing its technology strength and local advantages.

(All data without audit)