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Provider: Reuters Investment Profile
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Zhongjin Gold Corp., Ltd. Announces FY 2011 Net Profit Outlook
Zhongjin Gold Corp., Ltd. announced that it expects its net profit for fiscal year (FY) 2011 to grow by more than 50%, compared to the net profit of FY 2010 (RMB 1,203,058,065.85). The Company cited the increased production and price of its products as the main reason for this forecast. According to I/B/E/S Estimates, analysts expect the Company's net profit for fiscal year 2011 to be RMB 1,858.76 million.
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