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$472.00
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Provider: Donghai Securities Co., Ltd.
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$23.00
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Zhejiang Wanfeng Auto Wheel Co Ltd Announces FY 2012 Net Profit Outlook, Above I/B/E/S Estimates
Zhejiang Wanfeng Auto Wheel Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to be RMB 227,391,700 - 295,609,200 (to increase by 0% - 30%), compared to the net profit of FY 2011 (RMB 227,391,662.77). The Company cited the improved manufacturing technology and management as the main reason for the forecast. According to I/B/E/S Estimates, analysts were expecting the Company to report net profit of RMB 160.47 million for the fiscal year 2012.
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