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NIVS Estimates 2009 Net Profit Up Over 81% YoY

PR Newswire, 2/23/10

Chinese consumer audio and video electronics manufacturer NIVS IntelliMedia Technology Group (NYSE Amex: NIV) has announced preliminary fiscal results for 2009, estimating revenue between USD 184 mln and USD 186 mln compared to USD 143.6 mln in 2008, up 28.1% to 29.5% YoY.

2009 net income is estimated to reach between USD 23.5 mln to USD 25.5 mln compared to USD 13 mln in 2008, up 80.8% to 96.2% YoY.

Keywords: fiscal report 2009 hardware profit revenue NIV NIVS IntelliMedia consumer electronics

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