Hisense Electric Co., Ltd announced that it expects its net profit for fiscal year (FY) 2011 to grow by more than 100%, compared to that of FY 2010 (RMB 834,905,362.38). The Company cited its operating strategies as the main reason for this forecast. According to I/B/E/S Estimates, analysts expect the Company's net profit for fiscal year 2011 to be RMB 1,221.33 million. 

Source:reuters