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Huiyin Household Appliances (Holdings) Comments On H1 2014 Profit Guidance


Sunday, 27 Jul 2014 07:56pm EDT 

Huiyin Household Appliances (Holdings) Co Ltd:Expects to record a substantial increase in the profit resulting in a net profit attributable to Shareholders for the Period of H1 2014 as compared with a net loss attributable to Shareholders for the six months ended June 30, 2013.Says no significant impact from the provisions made by the company in respect of the amounts due from suppliers as compared with that for the comparative period as a result of the recovery of operation in the upstream industry.Growth in the company‚Äôs revenue and gross profit which is due to the business development of the company, the recovery in the household appliance consumer market and new urbanization of rural area. 

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