Vinda International Holdings Limited Stock Market Press Releases and Company Profile

View in Other Languages Vinda International Holdings Limited (HKG:3331) Positive Profit Alert 维达国际控股有限公司(HKG:3331)正面盈利预告 維達國際控股有限公司(HKG:3331)正面盈利預告 
Vinda International Holdings Limited (HKG:3331) Positive Profit Alert
Vinda International Holdings Limited (HKG:3331) Positive Profit Alert

Hong Kong, Mar 8, 2010 AEST (ABN Newswire) - The board of directors (the "Board") of Vinda International Holdings Limited (googlechartHKG:3331) is pleased to announce that, based on the preliminary review of the unaudited annual consolidated management accounts of the Company and its subsidiaries (together, the "Group"), it is estimated that the Group's consolidated net profit for the financial year ended 31 December 2009 will represent a substantial growth over and above the audited net profit for the financial year ended 31 December 2008 of HK$165,911,568. The substantial profit growth is attributable to (i) the successful execution of the Group's procurement strategies resulting in reduction in raw material costs; (ii) the fact that the Group's sales has maintained a double-digit growth; and (iii) the successful execution of the Group's marketing and pricing strategies.

This positive profit alert is made after the Company's preliminary assessment of its draft unaudited consolidated management accounts as at 31 December 2009, which is subject to final detailed review or adjustment by the Company's auditors.

Since the Company is still in the process of compiling its audited financial statements for the year ended 31 December 2009, shareholders of the Company and potential investors are urged to review in detail the Company's results announcement for the year ended 31 December 2009, which is expected to be issued on or before 30 April 2010.

Shareholders and potential investors should exercise due care in dealing in the shares of the Company.

By order of the board
Vinda International Holdings Limited
Li Chao Wang
Chairman

As at the date of this announcement, the executive Directors are Mr. Li Chao Wang, Ms. Yu Yi Fang, Ms. Zhang Dong Fang and Mr. Dong Yi Ping; the non-executive Directors are Mr. Leung Ping Chung Hermann, Mr. Johann Christoph Michalski and Mr. Chiu Bun; and the independent non-executive Directors are Dr. Cao Zhen Lei, Mr. Kam Robert, Mr. Hui Chin Tong Godfrey and Mr. Tsui King Fai.

This announcement is made in accordance with rule 13.09(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

Contact

Paul Tsang
Vinda International Holdings Limited
Tel: +852-2366-9853
Emial: tsang.paul@vinda.com



ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 5) (Last 30 Days: 38) (Since Published: 7542) 

View in Other Languages 754262055048 (18795)

googlechart