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Minsheng Investment Management Co., Ltd. Announces FY 2012 Q1 Net Loss Outlook
Minsheng Investment Management Co., Ltd. announced that it expects its net profit for the first quarter of fiscal year (FY) 2012 to be RMB -1,663,700, or to increase by -114.02%, compared to the net profit of the same period in FY 2011 (RMB 11,865,500). The Company cited the decreased financial asset investment gains and fair value change gains as the main reason for the forecast.
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