Friday, January 18, 2008

Singapore Biosensors expects to be profitable H2 '09

SINGAPORE, Jan 18 (Reuters) - Singapore-listed Biosensors International expects to be profitable in the second half of the 2009 financial year, said chief executive Lu Yoh-Chie on Friday.

"We believe in the first half we would continue to make losses, but in the fourth quarter or second half we will be in a position to break-even or even turn a profit," said Lu in a media conference call.

Singapore-listed Biosensors also said on Friday it has received European regulatory approval for its BioMatrix heart stents.

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