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China Dongxiang (Group) Co., Ltd. Issues H1 2011 Revenue Guidance Below Analysts' Estimates
China Dongxiang (Group) Co., Ltd. announced that the unaudited consolidated revenue for the first half of 2011 is expected to decline by approximately 45% as compared with the corresponding period in 2010. The Company reported revenue of CNY2.145 billion for the first half of 2010. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of CNY1.872 billion for the first half of 2011.
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