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Fujian Longking Co Ltd Announces FY 2012 Net Profit Outlook Above Analysts' Estimate
Fujian Longking Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to increase by 15% to 30%, compared to the net profit of FY 2011 (RMB 252,006,500). The Company cited the increased orders of its main business 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 288.98 million.
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