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Guangdong Yihua Timber Industry issues FY 2014 Q1 net profit outlook

Thursday, 3 Apr 2014 08:00pm EDT 

Guangdong Yihua Timber Industry Co Ltd:Sees net profit for the first quarter of fiscal year (FY) 2014 to increase by above 30 pct.Says the net profit of the same period in FY 2013 was 94,796,800 yuan.Comments that increased orders, decreased raw material cost and increased gross profit rate as the main reasons for the forecast. 

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