Ying Li reported revenue increased by 58.5% but net profit was down by 73.4% due to a non-recurring item booked in 2008. Despite the fall in the net profit, some good news are the group able to increas 154.8% cash balance, improved margin, & lower its gearing ratio..... these are some good signs that the company is going the right direction in running the business... so good to include some in your portfolio..... See the result press release here:
info.sgx.com/webcoranncatth.nsf/VwAttach...ults.pdf?openelement
UP to 342,508,407 Conversion Shares to be issued. S$0.8029 is the Conversion Price After 13 April 2010 to 21 January 2015 is the Conversion Period Both Bond Holders and Management prObably targeted Share Price to be abOve S$1.00 after 13 April 2010.