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Hundsun Technologies Inc announces FY 2013 net profit outlook below I/B/E/S estimates


Tuesday, 21 Jan 2014 07:00pm EST 

Hundsun Technologies Inc:Sees net profit for the fiscal year (FY) 2013 to increase by approximately 52 pct, compared to the net profit of the same period in FY 2012 (199,819,678.50 yuan).Says the reason for positive outlook is due to the increased sales and the cost reduction.FY 2013 net income of 320.06 million yuan - Thomson Reuters I/B/E/S.