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Hareon Solar Technology lowers FY 2013 net profit outlook


Thursday, 24 Apr 2014 08:00pm EDT 

Hareon Solar Technology Co Ltd:Sees net profit for the fiscal year (FY) 2013 to decrease about 9,859 pct, or to be about -202,600,000 yuan.In the previous outlook, the company expected the net profit for FY 2013 to decrease about 6,395 pct, or to be about -130,680,000 yuan.FY 2013 net income of -130.67 mln yuan – Thomson Reuters I/B/E/S.Comments that fault recording of accounting statement by overseas accounting agency as the main reason for the forecast.