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Xinjiang Baihuacun Co Ltd Announces FY 2012 Net Profit Outlook
Xinjiang Baihuacun Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to decrease by 60% to 90%, compared to the net profit of FY 2011 (RMB 75539094.84). The Company cited the lower selling price and decreased selling quantity, as well as the increased cost as the main reason for the forecast.
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