Pre-close statement
March 01 2007 - 2:03AM
UK Regulatory
RNS Number:0743S
China Shoto plc
01 March 2007
Press Release 1 March 2007
China Shoto plc
("China Shoto" or "the Group")
Pre-close Statement
The Board of China Shoto plc (AIM:CHNS), a leading Chinese producer of
industrial batteries and power supply systems, is pleased to announce that the
year ended 31 December 2006 was a period of excellent progress for the Group.
The results, which are expected to be announced in the last week of April 2007,
will be in line with market expectations. The final dividend for 2006 will be
announced with the results.
During 2006 the Group significantly expanded its production capacity, on time
and within budget. The new manufacturing facility, which came on stream in May
2006, rapidly moved into full production.
The markets within which the Group operates continue to grow. The current year
has started well and the board has every confidence that the Group will continue
to make sound progress in 2007.
- Ends -
For further information:
China Shoto plc
Cao Guifa, Executive Chairman Tel: +44 (0) 20 7398 7700
www.chinashoto.com
Seymour Pierce Limited
Stuart Lane / John Depasquale Tel: +44 (0) 20 7107 8000
jdp@seymourpierce.com www.seymourpierce.com
Media enquiries:
Abchurch
Henry Harrison-Topham / Laura Riascos Tel: +44 (0) 20 7398 7700
henry.ht@abchurch-group.com www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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