
The board of Forge Group Limited wishes to advice of its forecast of a net profit before tax for the year ending June 30th 2012 of around USD 70 million.
The board notes this is a preliminary forecast as the company's actual financial results for the year ending June 30th 2012 are still being finalized and are subject to audit clearance. The above forecast of net profit before tax represents an improvement on the previous corresponding period of up to 24%.
As per previous guidance provided to the market, the board's forecast of revenue for the year ending June 30th 2012 is expected to be approximately USD 770 million.
Source - Forge Group Limited
(www.steelguru.com)





