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Chongqing Jianshe Motorcycle Co Ltd Announces FY 2013 Q1 Net Profit Outlook


Monday, 8 Apr 2013 08:00pm EDT 

Chongqing Jianshe Motorcycle Co Ltd announced that it expects its net profit for the first quarter of fiscal year (FY) 2013 to be RMB -16 million ~ RMB - 18 million, compared to the net profit of the same period in FY 2012 (RMB -7.78 million). The Company cited the decrease of gross profit caused by shrink of operation as the main reason for the forecast.