We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Name | Symbol | Market | Type |
|---|---|---|---|
| -3x Short China | LSE:CHNS | London | Exchange Traded Fund |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.39275 | 7.10% | 5.9215 | 5.911 | 5.932 | 6.4685 | 5.288 | 5.713 | 341 | 16:29:58 |
From Jun 2019 to Jun 2024
TIDMCHNS
RNS Number : 8667Z
China Shoto plc
21 January 2011
China Shoto plc
("China Shoto" or "the Company")
Pre-Close Trading Update
China Shoto plc (AIM: CHNS), a leading Chinese battery producer and the largest supplier of back-up batteries to China's three major telecommunications operators, today provides a trading update for the year ended 31 December 2010. Further to the announcements made during the year, the Company has experienced some challenging trading conditions. In particular a substantial decrease in the levels of investment made by the three major Chinese telecom operators is expected to adversely affect the Company's financial performance for the year ended 31 December 2010. The unusually high spending in 2009 was fuelled partially by an economic stimulus package from the Chinese Government.
As a result of reduced levels of spending by the three major Chinese telecom operators, competition has increased and contributed to gross profit margins declining when compared to the year ended 31 December 2009. As expected, the Company's trading performance did improve during the second half of the year; however the Board estimates that net profit for the year ended 31 December 2010 will decrease by approximately 30% when compared on a year-on-year basis to the previous financial year.
Hot Features
Premium
China Shoto plc Tel: +44(0) 20 7242 2666 / +86
Yang Shanji, Executive Chairman 159 6108 0515
www.chinashoto.com
Seymour Pierce Limited Tel: +44(0) 20 7107 8000
Stewart Dickson (Corporate www.seymourpierce.com
Finance)
Leti McManus (Corporate
Broking)
Media enquiries: Tel: +44(0) 20 7242 2666 / +852
Allan Piper/ Jiang Lei 2854 2666
lei@firstcitypr.com www.firstcitypr.cn
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTDKDDDOBKKFDB
1 Year -3x Short China Chart |
1 Month -3x Short China Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
