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Nanning Department Store Co Ltd announces FY 2013 net profit outlook below I/B/E/S estimates


Thursday, 23 Jan 2014 07:00pm EST 

Nanning Department Store Co Ltd:Sees net profit for the fiscal year (FY) 2013 to decrease by 60 pct to 80 pct, compared to the net profit of the same period in FY 2012 (64,418,444.42 yuan).Says the reason for negative outlook is due to the impact of the subway construction, the lower gross profit margin and the increased expenses in new stores.FY 2013 net income of 37.00 million yuan - Thomson Reuters I/B/E/S. 

Company Quote

5.01
-0.05 -0.99%
19 Sep 2014