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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ebt Mobile | LSE:EBT | London | Ordinary Share | GB0033044313 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:4711B EBT Mobile China PLC 03 August 2007 For immediate release 3 August 2007 EBT Mobile China plc ("EBT Mobile" or the "Company") Trading Update EBT Mobile, a leading China-based retail chain selling mobile phones and related products and services, announces an update on its trading performance. Compared to its competitors, EBT Mobile's business has performed well in what is the largest mobile phone market in the world. Substantial progress has been made since the start of the year. The number of stores has grown from 190 to 238 in the first half of 2007, and at the end of June EBT opened the first of its 7 new stores within hypermarkets operated by Tesco Hymall, Tesco plc's vehicle for expansion into China. Relationships with key handset manufacturers, major retailers and China Mobile remain strong, reflecting EBT's core partnership strategy of "Win with Winners" (3W), which remains unchanged. The number of new stores to be opened by the end of 2007 remains broadly on target but the timing for opening some new stores in the second half is expected to be delayed because of partner-oriented issues which are not related to EBT's performance. In addition, the current lack of new handset model releases by some major manufacturers into the Chinese market is impacting average unit prices and margins. As a result, management currently expects revenues to be circa 10% below market expectations for the year ended 31 December 2007 and that the Company will make a modest loss for the full year. Further information of the Company's progress will be provided when EBT Mobile reports its interim results on 22 August 2007. For more information contact: Terry Garrett / Stephanie Badjonat / John Moriarty Weber Shandwick Financial 020 7067 0700 Aubrey Powell / Giles Stewart Panmure Gordon (Broking) Limited 020 7459 3600 This information is provided by RNS The company news service from the London Stock Exchange END TSTGGGGRRZFGNZM
1 Year Ebt Mobile China Chart |
1 Month Ebt Mobile China Chart |
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