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Fujian Minfa Aluminium Co Ltd Announces FY 2013 Q1 Net Profit Outlook

Monday, 1 Apr 2013 08:00pm EDT 

Fujian Minfa Aluminium Co Ltd announced that it expects its net profit for the first quarter of fiscal year (FY) 2013 to increase by -25%-5% or to be RMB 7,759,200-RMB 10,862,900, compared to the net profit of the same period in FY 2012 (RMB 10,345,600). The Company cited the lower aluminum ingots price and the intensified anti-dumping in overseas market as the main reason for the forecast. 

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