PR Newswire, 2/23/10
Chinese consumer audio and video electronics manufacturer NIVS IntelliMedia Technology Group (NYSE Amex: NIV) has announced preliminary fiscal results for 2009, estimating revenue between USD 184 mln and USD 186 mln compared to USD 143.6 mln in 2008, up 28.1% to 29.5% YoY.
2009 net income is estimated to reach between USD 23.5 mln to USD 25.5 mln compared to USD 13 mln in 2008, up 80.8% to 96.2% YoY.
The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.