Analyst Research Report Snapshot

Title:

Cordlife Group Limited - Things are looking Positive (Update)

Price:

$100.00

Provider:

Voyage Research Pte Ltd.

Date:

18 Feb 2013

Pages:

5

Type:

AcrobatPDF

Companies referenced:

CORD.SI

Available for Immediate Download
Summary:

Cordlife Group Limited (Cordlife) reported a better than expected set of numbers with 2Q revenue and gross profit rising 23.9% YoY and 25.5% YoY to S$8.81m and S$6.23m respectively. Both figures were 54.5% and 53.8% of our previous forecasts. PAT experienced a 193% jump owing to a one-off gain on disposal of associate. Maintain Increase Exposure.

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