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Hunan Corun New Energy Co Ltd Announces FY 2012 Net Loss Outlook

Wednesday, 30 Jan 2013 07:00pm EST 

Hunan Corun New Energy Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to be approximately RMB -55 million, compared to the net profit of FY 2011 (RMB 17,800,200). The Company cited the increased production costs, loss of a subsidiary, and increased financial expenses, as the main reason for the forecast. 

Company Quote

0.04 +0.21%
29 Aug 2014