KUALA LUMPUR (Jan 6): ASTRAL SUPREME BHD [] has received a boost with the securing of a €2.96 million (RM12.45 million) contract from Germany’s Sphairon Technologies GmbH.
It said on Friday its electronic contract manufacturing division Singatronics (M) Sdn Bhd had received orders to produce 70,000 units of its EasyBox product for Vodafone.
Astral Supreme said under the contract, the expected delivery was 5,000 units every two weeks.
“The company’s latest annual revenue for financial year ended Dec 31, 2010 was RM13.36 million and the order value is approximately 93.2% of its latest annual revenue,” it said.
Astral Supreme expected the order to contribute positively to the consolidated earnings of Astral Supreme for the financial year ending Dec 31, 2012.
Sphairon is involved in telecommunication development and production in Bautzen, Germany. The products include terminals for ISDN, ADSI and VDSL networks.
It said on Friday its electronic contract manufacturing division Singatronics (M) Sdn Bhd had received orders to produce 70,000 units of its EasyBox product for Vodafone.
Astral Supreme said under the contract, the expected delivery was 5,000 units every two weeks.
“The company’s latest annual revenue for financial year ended Dec 31, 2010 was RM13.36 million and the order value is approximately 93.2% of its latest annual revenue,” it said.
Astral Supreme expected the order to contribute positively to the consolidated earnings of Astral Supreme for the financial year ending Dec 31, 2012.
Sphairon is involved in telecommunication development and production in Bautzen, Germany. The products include terminals for ISDN, ADSI and VDSL networks.
