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Xinjiang Tianshan Cement Co Ltd Announces FY 2013 H1 Net Profit Outlook


Friday, 12 Jul 2013 08:00pm EDT 

Xinjiang Tianshan Cement Co Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2013 to be approximately RMB 80 million, or to decrease by 30% to 50%, compared to the net profit of the same period in FY 2012 (RMB 123,144,900). The Company cited the decreased price of concrete, increased financial expense and administrative expense and increased marketing expense as the main reasons for the forecast. 

Company Quote

6.56
0.01 +0.15%
9:58pm EDT