14 May 2012
Japaninvest Group plc (Ji ASIA) announces a profit for Q1 2012
Japaninvest Group plc has announced a small profit for Q1 2012, driven by a sharp 55% rise in turnover as the SG-JI Alliance continues to gain market share, despite challenging markets. Q1 costs were contained, whilst maintaining the ongoing investment in the Pan Asian product. There are now 178 Pan Asian companies under rated coverage. The expansion of SC NET into Asia-Ex continues to develop ahead of schedule, with the 50 small caps in the Asia-Ex non-coverage universe now matching the 50 small caps in the Japan non-coverage universe. (SC NET non coverage names get two unrated update visit notes a year).