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Chinascholars Group Co., Ltd. Announces FY 2012 H1 Net Profit Outlook
Chinascholars Group Co., Ltd. announced that it expects its net profit for the first half of fiscal year (FY) 2012 to be RMB 75 million to RMB 88.60 million, or to increase by 175%-225%, compared to the net profit of the same period in FY 2011 (RMB 27,244,200). The Company cited the increased investment income as the main reason for the forecast.
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