13.7 times times net profit gain in the medium term

Friends of the Holding (000584) on the evening of July 5 announced performance forecasts, the company is expected to achieve a net profit of about 63 million yuan in the first half of 2010, an increase of 1373.96%, per share earnings of about 0.154 yuan. Friends of the holding said, into the 2010, the market demand for spandex products increased, spandex product prices than last year to improve. During the period, the company further strengthened the marketing efforts, fund-raising investment projects have been put into production, the company's Spandex business scale continues to expand, sales revenue and product gross margin level has improved.