Wednesday, 13 Jul 2011
Xinjiang West Construction Co Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2011 to be RMB 26,150,600 to RMB 32,688,200, or to increase by 20% to 50%, compared to that of the same period in FY 2010 (RMB 21,792,100). The Company previously announced that it expected the profit to increase by -10% to 20%. The Company cited the increased income from its main business as the main reason for the revision.