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Citic Guoan Wine Co Ltd Announces FY 2012 Net Profit Outlook Above Analysts' Estimate

Tuesday, 29 Jan 2013 07:00pm EST 

Citic Guoan Wine Co Ltd announced that it expects a profit for fiscal year (FY) 2012, compared to the net loss of FY 2011 (RMB -183,651,530.13). The Company cited the increased wine sales and income from divesting assets and equity shares of subsidiaries as the main reason for the forecast. According to I/B/E/S Estimates, analysts expect the Company's net profit for fiscal year 2012 to be RMB -152.48 million. 

Company Quote

0.05 +0.91%
24 Nov 2014