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Kunming Sinobright (Group) Co Ltd Announces FY 2013 Q1 to Q3 Net Profit Outlook

Monday, 14 Oct 2013 08:00pm EDT 

Kunming Sinobright (Group) Co Ltd announced that it expects its net profit for the first three quarters of fiscal year (FY) 2013 to be RMB 10,000,000 to RMB 12,000,000, or to decrease by 71.91% to 66.29%, compared to the net profit of the same period in FY 2012 (RMB 35,598,000). The Company cited the new Jiangsu-based company consolidated in financial statement for 2012 and management cost on restricted stock for 2013 as the main reasons for the forecast. 

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0.52 +1.65%
11:11pm EDT