2013-08-09

NVC Lighting Holding Ltd Issues Earnings Estimate

On August 7, NVC Lighting Holding Ltd released earning estimate, it is expected that the profits in the first six months of 2013 will grow about 50% compared to the same period of 2012. Changjiang Wu, the founder of NVC, was elected as executive director with votes of most of the shareholders on June 21, which also means that Changjiang Wu returned to NVC Board, and brings a profit advantage for NVC. It is clearly wrote in Earnings forecast statement that the growth in profits is mainly attributable to the decline in management costs after the management is stable...
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