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Changshu Fengfan Power Equipment Co Ltd Announces FY 2013 H1 Net Profit Outlook


Thursday, 27 Jun 2013 08:00pm EDT 

Changshu Fengfan Power Equipment Co Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2013 to increase by 20% to 40%, compared to the net profit of the same period in FY 2012 (RMB 75,218,633.30). The Company cited its increased sales, the increased investment profit and the subsidy received from government as the main reason for the forecast. 

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