SINGAPORE (Dec 6): Ace Achieve Infocom reported earnings of RMB4.5 million ($0.9 million) for FY18, down 75% from its FY17 earnings of RMB17.9 million due to lower revenue and margins.

Revenue for the full year fell 33.2% to RMB184.8 million from RMB276.5 million previously on the back of a slowdown in the 4G business investment environment coupled with market competition.

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