NVC, with Yohyo released 2017 earnings forecast, all increased significantly

Yesterday (11) evening, NVC Holdings Limited issued 2017 annual profit forecast, based on the group (NVC Holdings Limited, along with its Affiliated Companies) currently available for the year ended December 31, 2017 without a preliminary assessment of the audit management accounts, the group for the year ended December 31, 2017 profit attributable to owners of the parent company compared there will be a significant growth of 2016 over the same period, an increase of more than 90%.

NVC said it expected 2017 annual results significant growth is mainly due to the group part of the product price and the effective implementation of cost control measures, the group gross margin compared to the same period in 2016 increased; the company can change in fair value of convertible bonds; and the group to reduce administrative costs.

In addition, the same side Yohyo Holdings Limited recently also disclosed the 2017 annual profit forecast, expected net profit of the group for the year ended December 31, 2017 will be recorded a substantial increase.

The same friends think, 2017 year net profit is expected to increase is mainly attributed to the early 2017 completed the sale of three Affiliated Companies income; and the group (with Yohyo Holdings Limited, including Affiliated Companies) securities business segment income increase.

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