Thursday, July 14, 2011

Huayang proposed Bonus Issue

Huayang, reported a superb 1Q earnings today, 61.75m in revenue with a net profit of 11.48m or 10.63 cents.  That is an increased of 133.81% over last year's Q1.  Huayang is definitely on the right track and that explains the recent interest in its share.

At the same time, Huayang also proposed for a 1-for-3 bonus issue.  That will definitely gain additional interest from investors and thus pushing the share price higher.  Hurray to Huayang !

No comments:

Post a Comment