Eyang Holdings Group Co. Ltd. Provides Earnings Guidance for the Year Ended December 31, 2011
February 10, 2012 at 10:13 am
Eyang Holdings Group Co. Ltd. announced that after a preliminary review on the Group's unaudited consolidated management accounts for the year ended December 31, 2011, the net profit of the Group's MLCC business for the year 2011 is expected to decline significantly as compared to that of year 2010. This is mainly due to the fact that consumers' expenditures were sluggish in both Europe and North America as global financial crisis worsened during the period, which in turn resulted in a decline in the demand for MLCC products.