Billion Industrial Holdings Ltd Provides Earnings Guidance for the Year Ended December 31, 2011
February 06, 2012 at 10:01 am EST
The board of directors of Billion Industrial Holdings Ltd. informed the shareholders of the company and potential investors that the company is expected to record a substantial increase in profit after taxation for the year ended December 31, 2011 as compared with the profit after taxation for the year ended December 31, 2010. The expected increase is primarily due to the increase in the revenue of the group mainly attributable to the increase in selling prices. The profit after taxation for the year ended December 31, 2011 is expected to increase slightly as compared to the profit forecast as disclosed in the Prospectus.