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Foshan Nationstar Optoelectronics Co Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimates


Thursday, 25 Oct 2012 08:00pm EDT 

Foshan Nationstar Optoelectronics Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to be approximately RMB 84.3555 million to RMB 108.457 million, or to increase by -10% to -30%, compared to that of FY 2011 (RMB 120,507,797.96). The Company cited decreasing of production sales profits and price 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 125.00 million. 

Company Quote

10.6
-0.02 -0.19%
17 Apr 2014