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Provider: Wright Reports
Provider: Reuters Investment Profile

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Shandong Chenming Paper Holdings Ltd Announces FY 2013 Q1-Q3 Net Profit Outlook

Monday, 14 Oct 2013 08:00pm EDT 

Shandong Chenming Paper Holdings Limited announced that it expects its net profit for the first three quarters of fiscal year (FY) 2013 to be RMB 520 million to RMB 539 million, or to increase by 291% to 305%, compared to the net profit of the same period in FY 2012 (RMB 133.1542 million). The Company cited the decreased costs, increased sales of pulp and increased profit rate as the main reasons for the forecast. 

Company Quote

0.03 +0.63%
17 Sep 2014