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CSSC Jiangnan Heavy Industry Co Ltd Announces FY 2013 H1 Net Loss Outlook

Sunday, 23 Jun 2013 08:00pm EDT 

CSSC Jiangnan Heavy Industry Co Ltd announced that it expects its net loss for the first half of fiscal year (FY) 2013 to be approximately RMB 60 million, compared to the net profit of the same period in FY 2012 (RMB 2,417,073.17). The Company cited the decreased orders and order price ]as the main reason for the forecast. 

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