Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Sadif Analytics Prime

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Chigo Holding Ltd Comments On FY 2012 Guidance

Tuesday, 26 Feb 2013 03:35am EST 

Chigo Holding Ltd announced that it expects to record a profit for fiscal 2012, as compared with a loss for the same period in 2011. Based on a preliminary review of the consolidated management accounts of the Group, the profit was mainly due to (i) an increase in the Group’s gross profit as a result of a decrease in the cost of goods sold leading to an improvement of its gross profit margin; and (ii) the absence of any loss incurred in fair value changes of certain warrants of the Company (which expired in 2012) for the year ended 31 December 2012. However, the improvement in the Group’s operating results was partially offset by a drop in the amount of subsidies received by the Group in 2012 under the PRC government’s energy-saving scheme and increases in finance costs and tax charge for the year. 

Company Quote

0.0010 +0.62%
2:52am EST