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Centron Telecom says 2008 profit to decline

Centron Telecom International Holding Ltd said that its net profit for 2008 would decline from 2007 due to the restructuring of China telecoms service providers and the end of a tax break.

Centron, China's No. 3 maker of wireless coverage equipment, said it was unable to quantify the extent of the profit decline for the time being. (Reuters)