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Liaoyuan Junsheng Electron Co Ltd Announces FY 2013 H1 Net Profit Outlook


Thursday, 25 Jul 2013 08:00pm EDT 

Liaoyuan Junsheng Electron Co Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2013 to increase by 140% to 150%, compared to the net profit of the same period in FY 2012 (RMB 47,785,000), or to increase by 80% to 90%, compared to the net profit including profit from Germany-based companies of the same period in FY 2012. The Company cited the acquisition of Germany-based companies and expansion and steady increase in revenue from automobile functional part business and electronics business as the main reasons for the forecast.