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Provider : Wright Reports
Provider : Reuters Investment Profile
Provider : Thomson Reuters Stock Report

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Hailun Piano issues FY 2014 Q1 net profit outlook

Friday, 4 Apr 2014 08:00pm EDT 

Hailun Piano Co Ltd:Sees net profit for the first quarter of fiscal year (FY) 2014 to decrease 20 pct to 0 pct, or to be 7,038,600 yuan to 8,798,200 yuan.The net profit of the same period in FY 2013 was 8,798,200 yuan.Comments that increased land use tax, property tax and depreciation costs, as well as increased income tax rate and decreased subsidies from government as the main reasons for the forecast. 

Company Quote

-1.07 -4.72%
30 Sep 2015