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China Fire Sees '07 Profit Meeting Views

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-09-04

NEW YORK (AP) -- China Fire & Security Group Inc., which makes industrial fire protection products, on Tuesday said it expects full-year earnings in line with Wall Street expectations.

The company expects full-year profit in the range of $14.7 million to $15 million, or 53 cents per share to 54 cents per share.

China Fire anticipates 2007 revenue of between $44.5 million and $45.5 million.

Analysts expect a profit of 54 cents per share, on revenue of $45 million, according to a poll by Thomson Financial.

Shares rose 36 cents, or 4.2 percent, to $48.49 in premarket electronic trading.

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