23rd May 2016 11:54
LONDON (Alliance News) - New Trend Lifestyle Group PLC on Monday noted the movement in its share price, and said it has continued to evaluate alternative strategies for the company, as set out in its trading update in December.
Shares in the Singapore-based Feng Shui products and services company were up 29% at 3.38 pence on Monday afternoon.
New Trend said, as set out in its trading update on December 16, it has continued to evaluate alternative strategies for the company, and will provide an update on the future strategy at its full year results.
New Trend expects to announce its full year results for 2015 on or around May 31, it said.
In December, New Trend has said it did not expect to make profit for 2015, and was in the process of preparing its financial plan for 2016 with a view to restoring its profitability.
By Hannah Boland; [email protected]; @Hannaheboland
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