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Sichuan Guodong Construction lowers FY 2013 net profit outlook

Sunday, 16 Mar 2014 08:00pm EDT 

Sichuan Guodong Construction Co Ltd:Sees net profit for the fiscal year (FY) 2013 to increase 1500 pct to 2000 pct.Says in the previous outlook, the company expected the net profit for FY 2013 to increase 2000 pct to 2500 pct.Says the net profit of FY 2012 was 4,375,500 yuan.Comments that sale of stake in Sichuan-based company, unable to enjoy value-added tax policy and impairment provision of inventories as the main reasons for the forecast. 

Company Quote

-0.58 -10.00%
2:59am EDT