Canny Elevator To Inject 60M Yuan Into Subsidiary

   Date:2011/07/29

Friday 2011-07-29 

July 29 -- Canny Elevator (002367) filed it will inject 60 million yuan into subsidiary, Suzhou Xinda Escalator Accessories to replenish its working capital, reports yicai.com.

The Wujiang-based firm also filed its net profit and revenue grew 24.37 percent and 41.74 percent year-on-year to 69.84 million yuan and 671 million yuan in the first half.

Canny Elevator will complete several production lines of elevator parts in the second half and gradually expand its marketing network.

Source:CapitalVue

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