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ShenZhen Yitoa Intelligent Control Co Ltd issues FY 2013 net profit outlook

Tuesday, 28 Jan 2014 07:00pm EST 

ShenZhen Yitoa Intelligent Control Co Ltd:Sees the net profit for fiscal year 2013 to be approximately 0.91 million yuan to 6.34 million yuan.Sees the net profit to decrease by 65 pct to 95 pct, compared to the net profit of fiscal year 2012 (18,112,100 yuan).Says increased costs, decreased orders and subsidies, as well as increased financial expense and management costs as the main reasons for the forecast. 

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