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Kweichow Moutai Co Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimate

Thursday, 24 Jan 2013 07:00pm EST 

Kweichow Moutai Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to increase by approximately 50%, compared to the net profit of FY 2011 (RMB 8,763,145,910.23). The Company cited the increased sales and price as the main reason for the forecast. According to I/B/E/S Estimates, analysts expect the Company's net profit for fiscal year 2012 to be RMB 13,771.65 million. 

Company Quote

1.38 +0.89%
10:29pm EST