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Beijing Jingkelong Co Ltd Comments on FY 2012 Profit Guidance

Thursday, 24 Jan 2013 05:37am EST 

Beijing Jingkelong Co Ltd the Group expects the net profit for fiscal 2012 is presently anticipated to decrease as compared to fiscal 2011. The decrease in net profit is mainly attributable to China‚Äôs economic downturn, the intense competition in the industry in which the Group operates, and an increase in costs and expenses. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $177.25 million for fiscal 2012. 

Company Quote

0.04 +1.89%
30 Oct 2014