News blog

BlueStar SecuTech Inc

  • BY: Andrew Hore |
  • POSTED: 05/05/2010 |

A strong second half for BlueStar SecuTech Inc means that it will meet market expectations for revenues and operating profit for the year to March 2010.

The China-based digital CCTV equipment and services provider’s revenues fell from RMB80.6m to RMB67.3m in the six months to September 2009 but they rose by 50% in the second half. This suggests that full year revenues will improve from RMB157.2m to more than RMB180m.

Seymour Pierce is forecasting pre-tax profit of £2.4m.

At 25.25p a share, BlueStar is valued at £18.4m. The shares are trading on less than eight times prospective earnings for 2009-10.

The full year figures will be announced in late June.

© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds