Chinese Qin Hair profit warnings expected first half profit fell

Published: 11:22:25 August 9,2013  Views: 1569
Chinese Qin Hair profit warnings expected first half profit fell View the latest market

Sina Financial News on August 9, according to Finet reported that China Qin Faying police, is expected to the end of June this year, the consolidated profit for the first half of the profits will be lower than the same period last year.

The company said it expects the decline in profitability was mainly due to two shipbuilding agreement is terminated during the period, resulting in a significant one-time non-cash losses amounting to 117 million yuan, and China both thermal coal prices and demand continued to decline. (Natural)

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