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China Flooring Holding Co Ltd Comments On FY 2012 Profit Guidance


Friday, 18 Jan 2013 08:00am EST 

China Flooring Holding Co Ltd announced that it is expected to record a substantial decrease in profit for fiscal 2012 as compared to the profit for fiscal 2011. The decrease in profit is mainly attributable to the continual weakened real estate market sentiment in the People‚Äôs Republic of China which in turn led to a substantial decrease in the Company's turnover, as well as increasing operating costs. 

Company Quote

1.16
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17 Dec 2014