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Sunward Intelligent Equipment Co Ltd Announces FY 2013 Q1 to Q3 Net Profit Outlook


Monday, 14 Oct 2013 08:00pm EDT 

Sunward Intelligent Equipment Co Ltd announced that it expects its net profit for the first three quarters of fiscal year (FY) 2013 to be RMB 49,972,600 to RMB 56,787,000, or to decrease by 120% to 150%, compared to the net profit of the same period in FY 2012 (RMB 22,714,800). The Company cited the slumping in investment in fixed asset and real estate as the main reason for the forecast. 

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