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China Kanghui Releases Q2 Results, Updates IPO Terms

publication date: Aug 3, 2010
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China Kanghui Holdings, an orthopedic implant maker, reported Q2 revenues of 39 million RMB ($8.6 million), an increase of 29%. Net income grew by 36% to 28 million RMB ($4.1 million), pegging the company’s net margins at an impressive 48%. The results are preliminary. Late last month, Kanghui signaled its intention to stage an IPO on the New York Stock Exchange. More details....



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