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Beijing Zhongchuang Telecom Test Co Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimate


Tuesday, 22 Jan 2013 07:00pm EST 

Beijing Zhongchuang Telecom Test Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to be approximately RMB -50 million, compared to the net profit of FY 2011 (RMB 21,485,500). The Company cited the decreased profit and increased labor costs of its communication network testing instrument products and loss of its wholly owned subsidiary as the main reasons for the forecast. According to I/B/E/S Estimates, analysts expect the Company's net profit for fiscal year 2012 to be RMB 52.01 million. 

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