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Provider: Thomson Reuters Stock Report
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$25.00
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Giti Tire Corp Announces FY 2012 Net Profit Outlook
Giti Tire Corp announced that it expects its net profit for fiscal year (FY) 2012 to increase by approximately 130%, compared to the net profit of FY 2011 (RMB 76.68 million). The Company cited the decreased price of its main raw materials as the main reason for the forecast.
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