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Lingbao Gold Co Ltd Issues FY 2012 Guidance

Friday, 22 Feb 2013 09:35am EST 

Lingbao Gold Co Ltd announced that its consolidated results for fiscal 2012 is expected to decline significantly as compared with fiscal 2011. The significant decline in net profit of the group was mainly due to the rise of raw material cost in the smelting business and the increase in finance expense. The Company reported revenue of CNY5.721 billion and net income of CNY437 million in fiscal 2011. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of CNY7.064 billion and net income of CNY261 million for fiscal 2012. 

Company Quote

-0.02 -1.43%
2:57am EST