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Inner Mongolia Jinyu Group Co Ltd Announces FY 2013 Q1 to Q3 Net Profit Outlook

Wednesday, 16 Oct 2013 08:00pm EDT 

Inner Mongolia Jinyu Group Co Ltd announced that it expects its net profit for the first three quarters of fiscal year (FY) 2013 to increase approximately 110%, compared to the net profit of the same period in FY 2012 (RMB 101,235,200). The Company cited the gain on divestiture of an Inner Mongolia-based real estate subsidiary, and increase of sales of a biopharmaceutical subsidiary as the main reasons for the forecast. 

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