We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Jarlway | LSE:JWY | London | Ordinary Share | GB00B09JC675 | ORD 0.25P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.375 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Jarlway JARLWAY HOLDINGS PLC TRADING UPDATE As a result of a review of its average debtor days, and in response to investor comments on the aging of receivables, Jarlway Holdings plc (the "Company" or "Jarlway") is seeking to tighten its terms of trade to reduce debtor days. Although this will result in lower sales volumes in the short term due to the resultant greater reliance on mortgage finance by customers, it should ultimately improve the Company's working capital management. Jarlway has seen a number of positive developments in recent weeks. For instance, the Company has recently secured an initial development contract with China Rail Zhuzhou Bridge Ltd ('Zhuzhou'), one of the construction engineering groups involved in the expansion of China's high speed rail networks. Zhuzhou, along with a number of other firms, is responsible for developing 3,000 kms of high speed railway track, as approved earlier this year by the PRC government. The contract, which has the potential to expand in scope subject to Zhuzhou's satisfaction with the initial roll-out of Jarlway machines, puts Jarlway in a strong position to win further business in this high-growth market segment in 2006 and beyond. Mr Wu Zhi Jia, Chairman of Jarlway, commented: "While our sales to domestic customers this year and in the final quarter will be below market expectations due to changes in credit terms with the consequent effect on profits, we are at the same time seeing some encouraging signs, such as developments in the construction of China's high speed rail network. A review of debtor provisioning levels will be made at the year end. Moving forward, we remain confident in the Group's long-term growth potential and are well positioned to take advantage of the growing demand in the construction industry, both in China and internationally." # # # For further information, please contact: Jarlway Holdings plc Shared Value Limited KM Wong Rob Newman/Noah Schwartz Tel: +852 9094 5465 Investor & Media Relations Tel. +44 (0) 20 7321 5010 Nabarro Wells & Co. Limited Robert Lo Tel: +44 (0) 20 7710 7400 Jarlway Machinery Inc. ("Jarlway") is one of the largest concrete pump manufacturers in the People's Republic of China. Jarlway is engaged in the development and sale of large-scale construction machinery including trailer concrete pumps, truck mounted concrete line pumps, concrete boom pumps and concrete mixing stations. Jarlway utilizes patented and proprietary technology supported by a network of 27 regional sales and service stations throughout most of China. Jarlway's products are assembled under processes that have been certificated to standards similar to ISO9001. Jarlway Holdings plc is publicly traded on the AIM Market of the London Stock Exchange. The Company's ticker symbol is "JWY". More information about Jarlway Holdings plc and its products can be found on line at www.jarlway.com.
1 Year Jarlway Chart |
1 Month Jarlway 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