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Shanxi Guanlu Co., Ltd Announces FY 2012 H1 Net Profit Outlook
Shanxi Guanlu Co., Ltd announced that it expects its net profit for the first half of fiscal year (FY) 2012 to be RMB -150 million to RMB -160 million, compared to the net profit of the same period in FY 2011 (RMB -16.65 million). The Company cited the decreased market price of aluminum and increased costs, as well as decreased profit of subsidiary and a loss of affiliated company as the main reasons for the forecast.
Latest Developments for China Minmetals Rare Earth Co Ltd
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