China Nonferrous Metal Industry's Foreign Engineering And Construction Co Ltd Announces FY 2013 Q1 to Q3 Net Profit Outlook


Monday, 14 Oct 2013 08:00pm EDT 

China Nonferrous Metal Industry's Foreign Engineering And Construction Co Ltd announced that it expects its net profit for the first three quarters of fiscal year (FY) 2013 to be RMB 26,809,600 to RMB 44,682,700, or to decrease by 50% to 70%, compared to the net profit of the same period in FY 2012 (RMB 89,365,300). The Company cited the decreased price of products as the main reason for the forecast.