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Irico Display Devices Co Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimate
Irico Display Devices Co Ltd announced that it expects a loss for fiscal year (FY) 2012, compared to the net profit of FY 2011 (RMB -517,713,940.31). The Company cited the unfavorable performance of color pipe business 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 1.00 million.
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