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Shandong Molong Petroleum Machinery Co Ltd Lowers H1 2013 Net Profit Guidance


Friday, 12 Jul 2013 09:30am EDT 

Shandong Molong Petroleum Machinery Co Ltd announced the revision of forecast for the first half 2013 and estimated that the year-on-year change in net profit for the first half of 2013 will be decreased 40% to 10%, and the expected amount of net profit will RMB45.42 million to RMB75.70 million. On April 27, 2013, the Company estimated that the year-on-year change in net profit for the first half of 2013 will be -25% to 10%, and the expected amount of net profit will be RMB56.80 million to RMB83.28 million. 

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