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Xinjiang Guannong Fruit & Antler (Group) Co Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimate


Tuesday, 22 Jan 2013 07:00pm EST 

Xinjiang Guannong Fruit & Antler (Group) Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to increase by approximately 52%, compared to the net profit of FY 2011 (RMB 162.89 million). The Company cited the increased investment income and decreased loss of its wholly owned subsidiary 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 267.71 million. 

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