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Xinjiang Sayram Modern Agriculture Co Ltd amends FY 2013 net profit outlook

Tuesday, 15 Apr 2014 08:00pm EDT 

Xinjiang Sayram Modern Agriculture Co Ltd:Sees net profit for the fiscal year (FY) 2013 to be about a loss of 38 million yuan.Net profit for FY 2013 to decrease 80 pct to 100 pct in the latest outlook disclosed on Jan. 30.Comments that supplement of oil and fat product provision for inventory write-down is the main reason for the forecast. 

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