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Hong Kong Television Network Limited Message Board

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  • nrloomba nrloomba May 25, 2009 9:46 AM Flag

    INTERIM RESULTS FOR THE SIX MONTHS ENDED 28 FEBRUARY 2009

    Are the numbers higher than the ones reported around
    last week of March, 2009?

    Profits look much higher interms of percentage and Cash etc.

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    • The press release from March 2009 estimated that turnover, revenue, and earnings would increase by 10, 20 and 40 percent (respectively). The actual rates of increase are 16, 24, and 58 percent (respectively). So the numbers are indeed better than they had estimated.
      Will share price continue to appreciate? Let's hope so, but given how the stock trades, I would not count on it (nor get discouraged if it doesn't go up further). City Telecom is doing a great job.

 
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