Green China Holdings Limited Trading Update (9636B)
April 10 2013 - 2:00AM
UK Regulatory
TIDMGCH
RNS Number : 9636B
Green China Holdings Limited
10 April 2013
Green China Holdings Limited
("Green China" or the "Group")
Trading Update
Green China Holdings Limited (AIM: GCH), a fertilizer franchise
operator and leading provider of fertilizer products in Hunan
Province, China, is pleased to report that its trading performance
for the year ended 31 December 2012 will be in line with management
expectations.
As expected, trading in the first quarter of 2013 has been slow
due to the cyclical impact of Chinese New Year and also the impact
of the appointment of a new government but new franchise store
openings are beginning to gain momentum and we hope to update
shareholders in more detail at the time of the Group's Preliminary
Results. The Group ended 2012 with 767 franchise stores up from 584
the previous year. As stated in the Group's admission document on
12 December 2012, we expect rapid growth in the number of franchise
stores in 2013.
The Group plans to issue its Preliminary Results for the year
ended 31 December 2012 in June 2013.
- Ends -
For further information:
Green China Holdings Limited
Luke Webster, Executive Director Tel: +44 7970 066390
www.greenchinaholdingslimited.com
Cairn Financial Advisers LLP
Nominated Adviser
James Caithie / Avi Robinson Tel: +44 207 148 7900
Northland Capital Partners Limited
Broker
Gavin Burnell / Luke Cairns Tel: +44 207 796 8800
This information is provided by RNS
The company news service from the London Stock Exchange
END
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