DGAP-News: Asiapac Capital Services Inc.: AsiaPac Capital Services Provides Guidance on Rodeo Drive Revenues
(firmenpresse) - DGAP-News: Asiapac Capital Services Inc. / Key word(s): Miscellaneous
Asiapac Capital Services Inc.: AsiaPac Capital Services Provides
Guidance on Rodeo Drive Revenues
16.03.2011 / 17:38
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AsiaPac Capital Services Provides Guidance on Rodeo Drive Revenues
Sales Projected to Reach PhP 600 million
Toronto, Canada - (For immediate release) - March 15, 2011
AsiaPac Capital Services Ltd.: Deutsche Börse symbol: 5AP. (www
.asiapaccapital.ca), is pleased to announce its 2011 sales targets for it's
Rodeo Drive subsidiary.
Sales are forecast to continue rising for the upcoming year. The
subsidiary has just recently closed a major new contract in the pulp and
paper sector to import Kraft paper into the Philippines. Sales for the year
are now forecast to reach upwards of Php 600 million for the upcoming year,
equivalent to EUR10 million. This comes on the heels of a dramatic
increase in sales for 2010 of Php 379 million, which equated to a seven
fold increase over 2009 sales.
Disclaimer&Safe Harbor Statement:
This release may contain certain 'forward-looking statements' with respect
to certain of AsiaPac Capital Services Ltd.'s plans, goals and expectations
regarding its future financial condition, performance, results, strategy
and objectives. Words such as 'anticipates', 'expects', 'intends', 'plans',
'believes', 'seeks', 'estimates', 'may', 'could', 'would', 'might', 'will'
and variations of these words or similar expressions are intended to
identify forward-looking statements. In addition, any statements that refer
to expectations, beliefs, plans, projections, objections, performance or
other characterizations of future events or circumstances, including any
underlying assumptions, are forward-looking statements. Forward-looking
statements in this press release are not promises or guarantees of future
performance and are subject to risks and uncertainties that could cause
AsiaPac Capital Services Ltd.'s actual results to differ materially from
those anticipated. AsiaPac Capital Services Ltd. cautions the reader not to
place undue reliance upon any such forward-looking statements. These
forward-looking statements involve known and unknown risks as well as
uncertainties, including those discussed herein as well as the following:
(i) domestic and global economic and business conditions; (ii) market
related risks and the performance of financial markets generally; (iii) the
policies and actions of regulatory authorities; (iv) the impact of
competitive factors; (v) risks and uncertainties associated with future
acquisitions or combinations within relevant industries; and (vi) changes
in capital, solvency or accounting standards as well as tax and other
relevant legislation or regulations in the jurisdictions in which AsiaPac
Capital Services Ltd. operates. The actual results that AsiaPac Capital
Services Ltd. achieves may differ materially from any forward-looking
statements which are based on management's beliefs and opinions at the time
the statements are made. AsiaPac Capital Services Ltd. does not undertake
any obligation to update forward-looking statements should circumstances or
management's beliefs or opinions change.
For further information please contact:
AsiaPac Capital Services Ltd.
Suite 3500
Hudson Bay Center
No. 2 Bloor Street East
Toronto ON
M4W 1A8
Email: info(at)asiapaccapital.ca
investor(at)asiapaccapital.ca
End of Corporate News
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115813 16.03.2011
Datum: 16.03.2011 - 17:38 Uhr
Sprache: Deutsch
News-ID 33485
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Kategorie:
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