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Taiyuan Heavy Industry Co Ltd announces FY 2013 net profit outlook below I/B/E/S estimates


Wednesday, 22 Jan 2014 07:00pm EST 

Taiyuan Heavy Industry Co Ltd:Sees net profit for the fiscal year (FY) 2013 to be approximately 25 million yuan, compared to the net profit of the same period in FY 2012 (-332.2262 million yuan).Says the reason for positive outlook is due to increased orders and the cost reduction.FY 2013 net income of 363.59 million yuan - Thomson Reuters I/B/E/S. 

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