Global Sources Q2 Profit Rises - Quick Facts

(RTTNews) - Global Sources Ltd. (GSOL) reported that its second-quarter IFRS net income to shareholders increased to $16.77 million or $0.46 per share, from $9.72 million or $0.27 per share, last year. Non-IFRS net income was $11.4 million, or $0.32 per share, compared to $11.0 million, or $0.31 per share, prior year.

Revenue decreased to $61.44 million, from $66.78 million last year. For the second half of 2013 ending Dec. 31, 2013: the company expects revenue to be in the range of $101.0 million to $103.0 million, IFRS EPS in the range of $0.32 to $0.36, and Non-IFRS EPS to be in the range of $0.36 to $0.40.