Ace Achieve Infocom has reported a 11.06% rise in net profit to RMB16.7 million ($3.4 million) for the 12 months ending April 30, 2010 (FY2010) from RMB15.1 million in FY2009.

Group revenue increased 2.44% to RMB160.3 million in FY2010 from RMB156.5 million in FY2009.

Ace Achieve says 3G network support services is expected to be its main business driver.

Internet-based media platforms and other related telecommunications businesses have also been identified as one of the group's core business.

The group says it will continue to increase its R&D effort and market development on our core businesses.

The group to remain profitable in the financial year ending April 30, 2011.