| |
Nanjing Huadong Electronics Information announced that it expects the net profit for fiscal year 2008 to be zero to RMB 5 million, compared with a net loss of RMB 493,318,800 for fiscal year 2007. According to Reuters Research, analysts on average are expecting the Company to report RMB 16 million for fiscal year 2008. The Company cited the equity transfer as the reason for the change. |