Key Developments For China Grentech Corp Ltd
China Grentech Corp Ltd (GRRF.O) (Nasdaq)
China GrenTech Corporation Limited Issues Q4, FY 2009 Revenue Outlook
China GrenTech Corporation Limited announced that for fiscal 2009, it expects revenues to range between RMB1.588 and RMB1.608 billion. For the fourth quarter of 2009, the Company expects revenues to range between RMB485 and RMB505 million.
China GrenTech Corporation Limited Issues Q3 2009 Revenue Guidance
China GrenTech Corporation Limited announced that revenue for the third quarter 2009 will range between RMB380-RMB420 million, representing a year-over-year increase of 78.8% to 97.7%.
China GrenTech Corporation Limited Raises Q2 2009 Revenue Outlook
China GrenTech Corporation Limited revised its second quarter of 2009 outlook and expects revenue from the range of RMB340-RMB380 million to the range of RMB400-RMB420 million.
China GrenTech Corporation Limited Announces $7 Million Share Repurchase Program
China GrenTech Corporation Limited announced that board of directors has approved a share repurchase program. Under the terms of this share repurchase program, the Company may repurchase up to $7.0 million worth of its issued and outstanding American Depositary Shares from time to time in open-market transactions on the Nasdaq Global Market. The share repurchase program does not have an expiration date and may be modified or discontinued at anytime by the Company's board of directors.
China GrenTech Corporation Limited Issues Q2 2009 Revenue Guidance
China GrenTech Corporation Limited announced that for second quarter of 2009, it expects revenue to range between RMB340-RMB380 million.
