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Ginwa Enterprise (Group) Inc Announces FY 2012 Net Profit Outlook Below Analysts' Estimate


Thursday, 24 Jan 2013 07:00pm EST 

Ginwa Enterprise (Group) Inc announced that it expects its net profit for fiscal year (FY) 2012 to be RMB 44,367,500, compared to the net profit of FY 2011 (RMB 165,555,059.41). The company cited the non-recurring income from divesting equity shares of subsidiary as the main reason for the high profit of FY 2011, which caused the big profit base and made FY 2012 net profit lower. According to I/B/E/S Estimates, analysts expect the Company's net profit for fiscal year 2012 to be RMB 48.00 million. 

Company Quote

9.66
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26 Dec 2014