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Henan Shenhuo Coal & Power Co Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimates
Henan Shenhuo Coal & Power Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to be RMB 152.10 million to RMB 228.14 million, or to decrease by 80%-87%, compared to that of FY 2011 (RMB 1,150.58 million). The Company cited the decreased market demand and the decreased sales price 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 1,615.05 million.
Latest Developments for Henan Shenhuo Coal & Power Co Ltd
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