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Public company info - Comba Telecom Systems Holdings Ltd. , 02342.HK
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Comba Telecom Systems Holdings Ltd., 02342.HK - Company Profile
Chairman FOK Tung Ling
Share Issued (share) 2,753,000,000
Par Currency Hong Kong Dollar
Par Value 0.1
Industry Telecomm. & Networking Equipment
Corporate Profile Business Summary: The Group was principally engaged in the research, development, manufacture and sale of wireless telecommunications network system equipment, the provision of related engineering services and the provision of telecommunication services and their value added services. Performance for the year: Comba Telecom Systems Holdings Limited (the “Company”) and its subsidiaries (collectively referred to as the “Group”) reported revenue amounting to HK$5,779,916,000 (2018: HK$5,663,310,000) for the year ended 31 December 2019 (the “Current Year”), representing an increase of 2.1% over the year ended 31 December 2018 (the “Prior Year”). During the Current Year, the Group’s gross profit grew by 21.8% over the Prior Year to HK$1,776,184,000 (2018: HK$1,458,601,000). The gross profit margin was 30.7% in the Current Year (2018: 25.8%), up by 4.9 percentage points compared with the Prior Year. Business Review： OPERATOR BUSINESS IN MAINLAND CHINA The Group continued to enhance its operational efficiency and marketing strategies. The Group has strengthened its deep cooperation with operators continuously and provided them with comprehensive solutions including customized base station antenna solutions and indoor coverage solutions, by leveraging its competitive edges in R&D of technology over the years. INTERNATIONAL BUSINESS The Group’s international marketing platform explored customer demands for business opportunities. Capitalizing on its advantages in both product and technology, the Group has achieved breakthrough in terms of cooperation with major mobile operators in key areas, and maintained sound cooperation with leading telecom core equipment suppliers in the field of 5G internationally. At the same time, the Group will continue to meet the demands for the region in the post 4G development cycle. NEW BUSINESS Mobile internet and internet of things are the major development trend in the future. Three major applications for 5G, namely enhanced mobile broadband, largescale internet of things and ultra-reliable and low latency communications, place great emphasis on meeting the needs of “person-to-person communication” and “thing-to-thing communication”. Therefore, the “5G+ applications” will involve all aspects of people’s daily life in the future as well as various aspects of manufacturing. The Group made explorations in new businesses such as intelligent manufacturing, and completed the delivery of smart 5G intelligent manufacturing workshop which integrated 5G technology with flexible production lines. For example, relying on 5G signals, AGV cars can obtain indoor high-precision positioning and deliver material efficiently; Together with the “Comba Intellectual Platform” edge cloud, the Group can ensure the core data security, facilitate communication between systems, and improve the digitalization process. Prospects: 2019 was a year when global 5G construction began, with multiple countries and areas all over the world gradually commenced 5G commercial deployment. The Ministry of Industry and Information Technology of the People’s Republic of China officially granted 5G licenses to the major operators in China in June 2019, symbolizing that Mainland China is officially entering into the 5G commercialization era. With the growing construction of 5G infrastructure, the overall industry development momentum is on the rise. Looking forward, the demand for large-scale macro station construction and antenna location spaces refarming will bring great opportunities for base station antenna. Meanwhile, the demand for indoor capacity coverage, especially for scenarios with hotspot coverage, will bring enormous business opportunities for small cell products and customized antennas. The 5G+ application development will also present new opportunities for integration of telecom equipment manufacturers and industrial applications. The Group will capitalize on its R&D for new 5G demands.

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