Minfeng Special Paper Co Ltd Announces FY 2011 H1 Net Profit Outlook - ResearchInChina

Date:2011-08-16     Source:liaoyanzhjx  Text Size:

Wednesday, 13 Jul 2011

Minfeng Special Paper Co Ltd announced that it expects its net profit for the first half of fiscal year 2011 to decrease by at least 80%, compared to that of same period last year (RMB 43,066,608.19). The Company cited the increase of raw material price and the loss from subsidiary as the main reasons for this forecast.
 

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