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Naibu Global Intl Co (NBU)

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Friday 17 October, 2014

Naibu Global Intl Co

Annual Report 2013

RNS Number : 5921U
Naibu Global International Co PLC
17 October 2014
 



 

 

Press Release

17 October 2014

 

Naibu Global International Company Plc

 

("Naibu" or the "Company")

 

Annual Report 2013

 

Naibu Global International Company Plc (AIM:NBU), a leading Chinese manufacturer and supplier of branded sportswear, announces two minor amendments to its Annual Report for the year ended 31 December 2013:

 

1.         In the Financial Review on page 17 of the Annual Report, under the section regarding Significant Investments and Acquisitions, the figure of "RMB2.6 million" given for the cost of office decoration and machinery for the Quangang factory during the year should have been "RMB26 million".  This typographical error does not manifest itself elsewhere in the accounts

 

2.         On page 50 of the Annual Report, under Note 12 regarding Property, Plant and Equipment, the headline "Construction in Progress - Quangang" should have read simply "Construction in Progress"; the figure of RMB96.6 million, which is correct, includes amounts incurred for both Quangang and Dazhu, the latter amounting to approximately RMB8 million of the total.

 

The Directors do not consider that these amendments are sufficiently significant to justify reissuing new accounts.

 

- Ends -

 

 

 



 

For further information:

Naibu Global International Company Plc


Huoyan Lin, Executive Chairman

Tel: +44 (0) 20 7398 7702

Li Zhen, Chief Financial Officer

www.naibu.com

 

Daniel Stewart & Company Plc

Tel: +44 (0) 20 7776 6550

Paul Shackleton / Martin Lampshire

www.danielstewart.co.uk

 

Media enquiries:

Abchurch Communications


Henry Harrison-Topham / Quincy Allan

Tel: +44 (0) 20 7398 7702

[email protected]

www.abchurch-group.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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