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Nanjing Iron & Steel Co., Ltd. Announces FY 2012 H1 Net Profit Outlook

Friday, 27 Jul 2012 08:00pm EDT 

Nanjing Iron & Steel Co., Ltd. announced that it expects its net profit for the first half year of fiscal year (FY) 2012 to decrease by 80%, compared to the net profit of the same period in FY 2011 (RMB 586,126,714.67). The Company cited the decreased sales income as the main reason for the forecast. 

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