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Hengxin Technology Ltd Comments On Q4 2012 Profit Guidance


Monday, 4 Feb 2013 09:00am EST 

Hengxin Technology Ltd announced that for the fourth quarter of 2012, it expects to record a lower net profit compared to the same period in fiscal 2011. The decrease in the unaudited consolidated net profit of the Group is primarily attributed to the following: (A) Continuing weak market demand for RF Coaxial Cables, being the Group’s main product segment; and (B) Increase in operating expenses: The Group witnessed an increase in Selling and Distribution expenses and Administrative expenses. 

Company Quote

0.187
0.0080 +4.47%
11 Jul 2014