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Fujian Longking Co Ltd Announces FY 2013 Q1 to Q3 Net Profit Outlook

Friday, 27 Sep 2013 08:00pm EDT 

Fujian Longking Co Ltd announced that it expects its net profit for the first three quarters of fiscal year (FY) 2013 to increase by 70% to 100%, compared to the net profit of the same period in FY 2012 (RMB 180,276,900). The Company cited the sale of shares in Industrial Bank, increase in revenue from main business and recognition of income from real estate business as the main reasons for the forecast. 

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