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Shanghai Great Wisdom Co Ltd Announces FY 2012 H1 Net Loss Outlook


Tuesday, 7 Aug 2012 08:00pm EDT 

Shanghai Great Wisdom Co Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2012 to be RMB -56 million, compared to the net profit of the same period in FY 2011 (RMB 56,751,800). The Company cited the increased investment in product development as the main reason for the forecast.