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Hareon Solar Technology Co Ltd gives FY 2013 net profit outlook above I/B/E/S estimate


Tuesday, 28 Jan 2014 07:00pm EST 

Hareon Solar Technology Co Ltd:Sees net profit for the fiscal year (FY) 2013 to decrease about 6,395 pct, or to be -130,680,000 yuan.Says the net profit of the same period in FY 2012 was 2,075,918.2 yuan.FY 2013 net income of -130.67 million yuan – Thomson Reuters I/B/E/S.Comments that decrease of demand in photovoltaic market as the main reasons for the forecast.