In view of the company in 2005, 2006 deficit, to ghd iv styler Company 2007 annual report disclosure,http://www.hairstraightenerso.net/ the company will be the three consecutive year of losses, according to the listing rules, the Shanghai stock exchange from 2007 annual report disclosure date of GHD stock suspension, to be delivered after a decision, company stock will be temporarily stopped listing. Prior to 2005, GHD loss 25950000 yuan; in 2006, GHD losses of 198000000 yuan. Finally on 2007, GHD Company for 3 years, even deficit.
ghd nz enterprise and without the aid of capital market forces complete metamorphosis, ultimately to three consecutive loss is reduced to the suspension of the listing. A pause in the listing, GHD also has the opportunity to resume the listing? GHD stands at a crossroads. In the reported significant losses, GHD caused the market challenge. GHD for my 2007 loss is given three reasons -- first, because the account receivable is not expected to recover, resulting in financial debt depreciation increases substantially.
Two 2007 because of after sale service system for the re-integration, as well as the ghd hair straighteners Company in hypermarkets operating expenses and return to rise, leading to the 2007 fourth quarter sales costs rose sharply; three is the GHD Company began in September last year, the management mode of adjustment, from the distribution system to agency system, discuss the cycle is longer, serious influence GHD four quarter sales.
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