Jiangxi Special Motor revises H1 earnings forecast
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Monday, 27 Jun 2011
It is reported that Jiangxi Special Electric Motor revised its earnings forest for the first half of 2011.
The company now predicts that net profits will range from between CNY 25.02 million and CNY 27.02 million up by 150%YoY to 170% YoY.
The company had previously anticipated that earnings will increase 110% to 150%. According to the company, orders for its lifting equipment increased significantly since April and it had strengthened cost controls.
(Sourced from p5w.net)
