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China Xd Electric Co Ltd Announces FY 2013 Q1 Net Profit Outlook


Monday, 15 Apr 2013 08:00pm EDT 

China Xd Electric Co Ltd announced that it expects its net profit for the first quarter of fiscal year (FY) 2013 to be approximately RMB 35 million, compared to the net profit of the same period in FY 2012 (RMB -168,305,600). The Company cited the higher selling price, the favorable deliveries, the improved administration and the cost control as the main reason for the forecast. 

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