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joenatural

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joenatural

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Monday, 01/23/2012 8:44:26 AM

Monday, January 23, 2012 8:44:26 AM

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Here's what HEAT management said in their last earnings PR ....

["Revised Full Year 2011 Earnings Guidance Due to the impact of significant drops of sales, impact of rising prices on business and the integration costs of Gustrower Warmepumpen GmbH and Shenyang Bingchuan Refrigerating Machine Limited Company, two companies acquired by SmartHeat in Q1 2011, the Company is revising its full year 2011 earnings guidance to $18 million to $20 million in net loss and $40 million to $50 million in revenue."
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