Xinhua Finance Limited (XFL) released its financial results earlier this week for the year ending 31 December.  The company recorded consolidated revenues of US$257.7 million – up 47% from US$175 million the year before. Net income increased to US$56.5 million, a 200% jump over the 2006 figure of US$18.7 million.   Source: BSG, Hong Kong

BIIA Newsletter March 2008 Issue