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LJ International confirms second quarter predictions > Gold News > World Gold Council, the information resource for gold, investment, jewellery, science and technology, historical and culture

 

LJ International confirms second quarter predictions

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Friday, 17th June 2005 (5725 views)

Hong Kong's LJ International (LJI) has confirmed predictions that second quarter earnings will be up by seven to ten per cent compared to last year.<br/><br/>The company, one of the fastest-growing jewellery firms in the world, believes that orders from this year's JCK show will help to boost results, since they wont show up until the results for the quarter are revealed.<br/><br/>LJI Chairman and CEO Yu Chuan Yih commented: "The second quarter so far has been very solid thus far in revenue but also a great deal of foundation-building for future sales expansion."<br/><br/>According to the firm, the results covering the quarter ending June 30th 2005 will see sales of between $17.5 and $18 million.<br/><br/>LJI expects earnings and sales to remain high in the second half of this year, with increased orders being placed by existing customers.<br/><br/>The firm produces a host of high quality jewellery including items made from yellow and white gold.<img alt="track" src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=8768225"/>

 

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