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China CSSC Holdings Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimate

Friday, 11 Jan 2013 07:00pm EST 

China CSSC Holdings Ltd announced that it expects its net profit for fiscal year (FY) 2012 to decrease by 95% to 100%, compared to the net profit of FY 2011 (RMB 2,252,356,943.16). The Company cited the decreased price of its ship products and decreased market demand 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 2,208.14 million. 

Company Quote

2.37 +8.08%
19 Sep 2014