Hongguo International Holdings Limited expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on November 16, 2009).

Hongguo International Holdings Limited announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported profit before income tax of RMB 22,099,000 against RMB 32,463,000 a year ago. Profit was RMB 15,456,000 or 3.89 cents per basic share on revenues of RMB 217,756,000 against RMB 27,888,000 or 7.03 cents per basic share on revenues of RMB 188,128,000 a year ago. Net cash from operating activities was RMB 23,560,000 against net cash used in operating activities of RMB 12,207,000 a year ago. Purchases of property, plant and equipment were amounted to RMB 291,000 against RMB 4,311,000 a year ago. For the six months, the company reported profit before income tax of RMB 52,518,000 against RMB 72,533,000 a year ago. Profit was RMB 38,022,000 or 9.58 cents per basic share on revenues of RMB 491,093,000 against RMB 62,019,000 or 15.63 cents per basic share on revenues of RMB 411,603,000 a year ago. Net asset value per share as on June 30, 2009 was RMB 1.55. Net cash from operating activities was RMB 82,370,000 against RMB 10,671,000 a year ago. Purchases of property, plant and equipment were amounted to RMB 1,121,000 against RMB 7,761,000 a year ago. The company reported impairment of goodwill of RMB 750,000 for the second quarter ended June 30, 2009.

Hongguo International Holdings Limited announced earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported a profit of CNY 22,566,000 or 5.69 cents basic per share on revenue of CNY 273,337,000 against a profit of CNY 34,131,000 or 8.60 cents basic per share on revenue of CNY 223,475,000 for the same period a year ago. The company reported profit before tax of CNY 30,419,000 compared to CNY 40,070,000 for the same period a year ago. Net cash generated from operating activities amounted to approximately CNY 58.8 million, against net cash from operating activities of CNY 22.9 million last year, due mainly to profit for the year of CNY 30.4 million.