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Fangda Special Steel Technology Co Ltd Announces FY 2013 Q1 to Q3 Net Profit Outlook


Thursday, 24 Oct 2013 08:00pm EDT 

Fangda Special Steel Technology Co Ltd announced that it expects its net profit for the first three quarters of fiscal year (FY) 2013 to increase by approximately 50%, compared to the net profit of the same period in FY 2012 (RMB 317,175,092.37). The Company cited the income from an affiliated company and subsidiary, as well as effective cost control as the main reasons for the forecast. 

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