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Henan Tongli Cement Co Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimates


Tuesday, 29 Jan 2013 07:00pm EST 

Henan Tongli Cement Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to be approximately RMB 149 million to RMB 178 million, or to decrease by 26.06%-38.11%, compared to that of FY 2011 (RMB 240.74 million). The Company cited the decreased cement market as the main reason for this forecast. According to I/B/E/S Estimates, analysts expect the Company's net profit for fiscal year 2012 to be RMB 219.47 million. 

Company Quote

6.28
0.04 +0.64%
16 Apr 2014