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Rising Nonferrous Metals Share Co Ltd Announces FY 2013 Q1 Net Loss Outlook

Tuesday, 16 Apr 2013 08:00pm EDT 

Rising Nonferrous Metals Share Co Ltd announced that it expects its net profit for the first quarter of fiscal year (FY) 2013 to be RMB -28,971,958.84, compared to the net profit of the same period in FY 2012 (RMB 2,913,085.72). The Company cited the decreased sales of its rare earth products, decreased income of its export business and decreased price of main products as the main reasons for the forecast. 

Company Quote

-0.37 -0.69%
1:59am EST