LONDON (Alliance News) - Lifeline Scientific Inc said Friday it has received a stock order from its principal distributor in China worth USD3.3 million, and it expects its results to be ahead of market expectations for 2015.
Lifeline expects its adjusted pretax profit to be "materially ahead" of market expectations of USD3.4 million, on revenue that is also expected to be ahead of market expectations of USD36.3 million for 2015.
It will provide a further trading update in January.
Shares in Lifeline Scientific were up 4.2% at 187.50 pence on Friday.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
Copyright 2015 Alliance News Limited. All Rights Reserved.