Intravenous Infusions plc Announces Unaudited Earnings Results for the Half Year Ended June 30, 2017; Provides Guidance for the Second Half of 2017
The company provides guidance for the second half of 2017. The outlook for the second half of the year remains positive. Revenue is projected to grow stronger than what has been recorded for the first half of the year, as enter the rainy season of July to September. Management is taking proactive measures to ensure that adequate raw materials are available for production during the second half of 2017. Production as at the beginning of July is now on a one-half shift system, resulting in an increase in output quantities by 50%. Production is expected to move unto a complete two-shift system by September 2017.