Advance NanoTek Limited Provides Earnings Guidance for the Fiscal Year 2020
Advance NanoTek Limited provided earnings guidance for the fiscal year 2020. For the year, the company anticipated that the net profit before tax will be approximately $8.4 million, 2.5 times greater than the fiscal year 2019 profit before tax. This is on anticipated turnover of $18 million up 46% on fiscal year 2019, subject to no further adverse market conditions or delays in any further sales orders, as previously announced on 26 March 2020.