January 19 -- Fujian Green Pine (300132) forecasts a 60-65 percent year-on-year increase in 2010 sales revenue to between 471 million yuan and 485 million yuan, reports stcn.com, citing a company filing.
Net profit is expected to increase 50-55 percent year-on-year to between 41.44 million yuan and 42.82 million yuan.
The company attributes the better performance in 2010 to the increased demand for turpentine products, growth in export volume, a greater number of clients and a price hike of its products.