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Shenzhen Woer Heat-Shrinkable Mat Co Ltd Revises FY 2012 H1 Net Profit Outlook


Friday, 13 Jul 2012 08:00pm EDT 

Shenzhen Woer Heat-Shrinkable Mat Co Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2012 to be RMB 22.1402 million to RMB 25.8303 million, or to decrease 30% to 40%, compared to that of FY 2011 (RMB 36.9004 million). The Company previously announced that it expected the profit to increase 0% to 30%. The Company cited the decreased sales income as the main reason for the revision. 

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