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Wan Wei International is now flat at HK $0.189

Source: Internet
Author: User
Keywords HONG Kong dollar net profit bottom stop
Tags company company announced economic economic slowdown environment market net net profit
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Wan Wei International (00167-HK), which is flat at HK $0.189, deals HK $267,800 and has a muted response to the fiscal year's earnings growth, which is now down 1.29%. The company announced that, as at the end of March, the Wan Wei-Chunli grew by 40.6% to HK $24.6 million per year. But Lin Yuhua, executive director of the company, pointed out that orders for the first quarter of 09 (April to June) recorded a slight decline in the economic slowdown in Europe and the US, which is expected to improve the operating environment throughout the year. European and American markets account for about 80% of the company's revenue. Management's bearish outlook on the market or the market's concern about its profit outlook is detrimental to the stock's performance.

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