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ChinaVision Media Group Ltd Issues H1 2013 Guidance


Monday, 8 Jul 2013 10:30am EDT 

ChinaVision Media Group Ltd announced that for the first half of 2013, it expects to record an increase in revenue of between 10% and 15%, or approximately HKD463 million to HKD484 million, compared to approximately HKD421 million. An increase in earnings before interest and tax (EBIT) of between 55% and 65%, or approximately HKD163 million to HKD173 million compared to approximately HKD105 million for the first half of 2012 and the Company also announced that it expects an increase in after tax net profit attributable to the shareholders of the Company of between 25% and 35%, or approximately HKD128 million to HKD138 million compared to approximately HKD102 million for the first half of 2012.