Yunnan Yuntianhua Co Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimate

Yunnan Yuntianhua Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to be RMB -520 million to RMB -550 million, compared to the net profit of FY 2011 (RMB 168,751,381.19). The Company cited the decreased sales price of its glass fiber products, electronic fabric products and organic chemical industrial company, as well as increased financial expenses, as the main reasons for the forecast. According to I/B/E/S Estimates, analysts expect the Company's net profit for fiscal year 2012 to be RMB 233.33 million.