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Shandong Jinjing Science & Technology Stock Co Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimate


Tuesday, 29 Jan 2013 07:00pm EST 

Shandong Jinjing Science & Technology Stock Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to be RMB -330 million, compared to the net profit of FY 2011 (RMB 187,693,400). The Company cited the lower selling price of its core products 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 120.93 million.