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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Wright Reports
Provider: Thomson Reuters Stock Report

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Sgis Songshan Co Ltd Announces FY 2013 Q1-Q3 Net Profit Outlook

Thursday, 10 Oct 2013 08:00pm EDT 

Sgis Songshan Co Ltd announced that it expects its net profit for the period from first quarter to third quarter of fiscal year (FY) 2013 to be approximately RMB 100 million, compared to the net profit of the same period in FY 2012 (RMB -1,500.7359 million). The Company cited the decreased production cost, the decreased financial expenses, the decreased production line consumption and the decreased depreciation as the main reasons for the forecast. 

Company Quote

-0.02 -1.12%
21 Apr 2014