....wishes to inform shareholders and potential investors of the Company that, based on the preliminary assessment of the information currently available to the Board, including the unaudited financial statements for the 3rd quarter ended 30 September 2014 (“3Q2014”), the Group is expected to report a substantial increase in consolidated net profit, compared to
the corresponding period from 1 July 2013 to 30 September 2013.
The expected profit growth is mainly due to the increase in both average selling price and sales volume of the Group’s products. The expected profit growth is consistent with the recent trend of increased average selling price and sales volume of the Group’s products as seen in the last 2 quarters.
Bestworld, why consider dual listing? Does it help in any significant way? The share price performance of dual-listed companies (SGX & HK) has not been exceptional. Instead, S-chips that delisted from SGX and maintain a listing in HK have done very well. CHINA SUNSINE should follow the brethrens who have done so.