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Xiamen Tungsten Co Ltd Announces FY 2013 Q1 Net Profit Outlook


Friday, 12 Apr 2013 08:00pm EDT 

Xiamen Tungsten Co Ltd announced that it expects its net profit for the first quarter of fiscal year (FY) 2013 to decrease by 70% to 100%, compared to the net profit of the same period in FY 2012 (RMB 108,330,315.48). The Company cited the low market demand and decreased price of its main tungsten products, rare earth products and molybdenum products as the main reason for the forecast. 

Company Quote

30.06
0.17 +0.57%
30 Sep 2014