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Sailun Co Ltd Announces FY 2012 Net Profit Outlook
Sailun Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to increase by 50%, compared to the net profit of FY 2011 (RMB 104,950,000). The Company cited the increased sales, the adjustment of depreciation of fixed assets as well as the increased investment profit as the main reason for the forecast.
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