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Lingyuan Iron & Steel Co Ltd announces FY 2013 net profit outlook


Monday, 27 Jan 2014 07:00pm EST 

Lingyuan Iron & Steel Co Ltd:Sees net profit for fiscal year (FY) 2013 to increase by 60 pct, compared to the net profit of FY 2012 (43,583,990.10 yuan).Says subsidies received and sale of stake in real estate development company by subsidiary are the main reasons for the forecast.FY 2013 net profit of 63,430,000 yuan - Thomson Reuters I/B/E/S. 

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