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Xinjiang Zhongtai Chemical Co Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimates


Sunday, 28 Oct 2012 08:00pm EDT 

Xinjiang Zhongtai Chemical Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to be approximately RMB 100 million to RMB 250 million, or to decrease by 80% to 50%, compared to that of FY 2011 (RMB 489,958,936.86). The Company cited global economic downturn 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 310.27 million. 

Company Quote

5.83
-0.04 -0.68%
27 Mar 2014