China BAK Battery (CBAK) Provides Strong Revenue Guidance
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In an 8-K filing on China BAK Battery, Inc. (Nasdaq: CBAK), the company disclosed they raised their FY08 revenue guidance from $210 million to $240 million (consensus is $213.5M). The company also sees FY09 revenues of $370-$410 million (cons is $276.6M).
China BAK Battery, Inc., through its subsidiaries, engages in the manufacture, commercialization, and distribution of various standard and customized lithium ion rechargeable batteries in the People's Republic of China and internationally
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