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Taiyuan Heavy Industry Co Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimate

Monday, 7 Jan 2013 07:00pm EST 

Taiyuan Heavy Industry Co Ltd announced that it expects its net loss for fiscal year (FY) 2012 to be approximately RMB 350 million, compared to the net profit of FY 2011 (RMB 390,374,600). The Company cited the decreased sales price and increased costs 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 319.15 million. 

Company Quote

0.73 +10.03%
19 Dec 2014