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Fujian Qingshan Paper Industry Co Ltd Comments on FY 2012 Net Loss Outlook

Wednesday, 16 Jan 2013 07:00pm EST 

Fujian Qingshan Paper Industry Co Ltd announced that it expects a loss for fiscal year (FY) 2012, compared to the net profit of FY 2011 (RMB 12,465,412.84). The Company cited the decreased price of its main products, paper bags and photoelectric products, as well as the increased financial expenses as the main reasons for the forecast. 

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