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Anhui Xinhua Media Co Ltd Announces FY 2012 H1 Net Profit Outlook
Anhui Xinhua Media Co Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2012 to be RMB 219.21 million to RMB 234.87 million, or to increase by 40% to 50%, compared to the net profit of the same period in FY 2011 (RMB 156,581,022.53). The Company cited the increased sales income and value-added tax relief in book stores in counties as the main reasons for the forecast.
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