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Datong Coal Industry Co Ltd Announces FY 2012 Net Profit Outlook Below Analysts' Estimate

Tuesday, 29 Jan 2013 07:00pm EST 

Datong Coal Industry Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to decrease by 85% to 95%, compared to the net profit of FY 2011 (RMB 1,088,832,300). The Company cited the lower coal selling price 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 617.42 million. 

Company Quote

0.21 +2.45%
25 Dec 2014