Addendum to interim results statement
September 26 2008 - 5:14AM
UK Regulatory
RNS Number : 4076E
China Biodiesel International Hold
26 September 2008
China Biodiesel International Holding Co., Ltd.
('China Biodiesel', 'CBI' or 'the Company')
Addendum to interim results statement
This addendum intends to clarify the phrase "Working capital efficiency improved" as stated in the fourth paragraph of Financial Review
section of the Company's interim results published on 18 September 2008. The phrase "Working capital efficiency improved" related to the
Group's management of accounts receivables for the first six months of 2008 excluding the inventories held by the Group. At the balance
sheet date, the Group held total inventories of Rmb23m, of which Rmb8.85m was purchased and held by one of the subsidiaries, Xiamen Zhuoyue
Bio-mass Energy Co., Ltd. for the planned forthcoming production.
For further information contact:
Gloria He, CFO, China Biodiesel: +86 (592) 719 1103
James King Wang, Company Secretary, China Biodiesel: +86 (592) 719 1109
Tom Price or Bobbie Hilliam, Evolution Securities: +44 20 7071 4300
Allan Piper, First City Financial Public Relations: +44 20 7242 2666
Jiang Lei, First City (China) Public Relations: +852 2854 2666
This information is provided by RNS
The company news service from the London Stock Exchange
END
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