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Zhongli Science And Technology Group Co Ltd Announces FY 2012 Net Profit Outlook Above Analysts' Estimate


Thursday, 25 Oct 2012 08:00pm EDT 

Zhongli Science And Technology Group Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to be RMB 311.64 million to RMB 373.97 million or to increase by 50% to 80%, compared to the net profit of FY 2011 (RMB 207,760,893.03). The Company cited the increased sales of subsidiary as the main reason for the forecast. According to I/B/E/S Estimates, analysts expect the Company's net profit for fiscal year 2012 to be RMB 291.49 million. 

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