SuperMap Software Co., Ltd. Chooses its Official Distributor in Saudi Arabia According to BAC Company Report19 Mar 2012 • by Natalie Aster
LONDON - Al-Faris for IT & Communications was chosen to be the sole distributor of the whole SuperMap product line in Saudi Arabia. SuperMap announced this decision on February 20th of this year. Soon Al Faris will be promoting and distributing SuperMap soft in Saudi Arabian market.
Al Faris is a diversified IT company offering its expertise in the fields of IT Consultancy, Integrated e-Business Solutions, Web Design and Development, Customized Solutions Development, e-Learning Solutions, Communications and Networks, Geographic Information System, Media Monitoring Systems, Government Resource Planning, Business Process Management, and Project Management and Quality.
SuperMap Software is a successfully developing company engaging in design of Geographic Information System platforms for customers from around the world. Company’s financial results indicate annual growth decelerated in 2011. December 2010 showed strong results:
- Revenue CNY 89.3 M
- Operating income CNY 27.1 M
- Net income CNY 31.5 M
- Profit margin 35.3%
While September 2011 returned much less attractive numbers:
- Revenue CNY 66 M
- Operating income CNY 7.3 M
- Net income CNY 8 M
- Profit margin 12.1%
FY 2010 is a significant improvement against 2009, with revenue up 32.5% to CNY 202.5 M, gross profit up 54.8% to CNY 134.1 M, operating income up 18.1% to CNY 28.1 M, net income up 43.2% to CNY 45.1 M. 2011, however, is expected to be less profitable.
Founded in 1994 and headquartered in Beijing (China), SuperMap Software Co., Ltd now is one of the most popular GIS brands in China. In 2009 the company registered on Shenzhen Stock Exchange under the ticker 300036.
Other news as well as company’s activities, risks, opportunities and experts’ forecasts can be found in the report "SuperMap Software Co., Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis" recently published by Market Publishers Ltd.
Title: SuperMap Software Co., Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Mar, 2012
More company reports featuring SWOT and financial information, industry and competitors analysis can be found in Company Reports Catalog.
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