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Henan Dayou Energy Co., Ltd. Announces FY 2011 Net Profit Outlook Below Analysts' Estimate
Henan Dayou Energy Co., Ltd. announced that it expects its net profit for the fiscal year 2011 to be approximately RMB 1,251,000,000-RMB 1,285,000,000, compared to that of same period last year (RMB 5,088,900). This is due to the coal business restructuring. According to I/B/E/S Estimates, analysts expect the Company's net profit for fiscal year 2011 to be RMB 1,750.07 million.
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