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Shanghai Shentong Metro Co Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimate


Tuesday, 29 Jan 2013 07:00pm EST 

Shanghai Shentong Metro Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to increase by 100%, compared to the net profit of FY 2011 (RMB 55,319,757). The Company cited the decreased asset expenses and the controlled cost 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 121.14 million. 

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