Trade Resources Company News The Company Anticipates Net Profit Before Tax for The Financial Year Ending 30th June 2013

The Company Anticipates Net Profit Before Tax for The Financial Year Ending 30th June 2013

The Board of Forge Group Limited wishes to advise that the Company anticipates net profit before tax for the financial year ending 30th June 2013 to be in the range of USD 90 million to USD 100 million. This represents an improvement on the previous corresponding period of between 28% and 43%.

Revenue is expected to be in the range of USD 950 million to USD 1.0 billion for the financial year ending 30th June 2013. This represents an increase on the previous corresponding period of between 22% and 28%.

The Board anticipates the weighting of both NPBT and Revenue to be approximately evenly split between the first and second half of the 2013 financial year.

Source: http://www.steelguru.com/international_news/Forge_Group_announces_earnings_guidance_for_2013/294213.html
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Forge Group Announces Earnings Guidance for 2013
Topics: Metallurgy