Chinese Data Miner Issues Fourth Quarter Warning

Posted on by Chief Marketer Staff

Jingwei International Ltd., a data mining and customer relationship marketing services provider, said its fourth-quarter 2008 profits would not reach the levels seen in fourth-quarter 2007. The company is in the process of finalizing its 2008 results reports.

John Bi, CFO of Jingwei commented, “While we experienced decline in revenue and profits resulting from lower-than-expected earnings in the fourth quarter of 2008, financials for the full year 2008 look positive,

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