OCBC Investment Research in an Aug 16 research report says: “Li Heng Chemical Fibre (LHCF) showed continued improvement in 2Q10 as expected, with revenue jumping 63.7% y-o-y and 30.6% q-o-q to RMB741.9 million, aided by improving demand and higher ASPs for nylon yarns on the back of an improved textile and garment industry.
Li Heng Chem Fibre Tech rated ‘buy’ by OCBC
written by Editor on August 19th, 2010 |
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