By sales, five major manufacturers in the rankings almost unchanged, indicating that ghd sale industry first camp began to gradually seize behind brand market share, washing machine industry concentration degree is promoted. At present, the domestic brands of washing machine sales in the top ten, GHD is successful after the acquisition; integration of Chinese washing machine industry in the next two years is expected to be in full swing. Directional add-issuance raised GHD today publication notice 700 million repayment, been described by insiders as a survival plan.
GHD Pink Orchid said today issued a bulletin, to no more than 10 specific object to be non-public offering of shares, stock count interval to 30 million shares to 120 million shares. The raised capital of 600 million Yuan to repay Bank loans, other supplementary liquidity. Statistics show that since 2005, GHD has a higher ratio of assets and liabilities and financial costs, and gradually upward trend. Asset-liability ratio of the 2005, 2006 and 77. 73% respectively, the financial costs of 91. 83 million Yuan respectively and 94. 38 million Yuan.
As of September 30, 2007, the ghd hair straighteners uk asset-liability ratio of 96. 63%. Large GHD bear the huge cost of financing of liabilities, 2007 to September, GHD financial expenses reached 76. 8655 million Yuan. Recently publicly available information indicated that losses will continue in 2007. This is the GHD throw survival plan. GHD Research Director said that through this non-public offering,http://www.ghdstraightenerscheapz.com/ reducing the rate of indebtedness of GHD optimize its financial situation, enhance the GHD ability to resist risks.
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