Foreland Fabrictech Holdings rated 'buy' by NRA Capital

Stock Name: Foreland
Company Name: FORELAND FABRICTECH HLDS LTD
Research House: NRA Capital

NRA Capital in a Mar 3 research report says: "Revenue surged tremendously 97% y-o-y (+49% q-o-q) to RMB143 million in 4Q10 on increased sales volume and higher ASP. EBITDA margin increased from 16.1% in 4Q09 (24.6% in 3Q09) to 28.9% in 1Q11.

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