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Blue Star New Chemical Materials Co Ltd Announces FY 2012 Q1 to Q3 Net Loss Outlook

Monday, 8 Oct 2012 08:00pm EDT 

Blue Star New Chemical Materials Co Ltd announced that it expects its net profit for the first three quarters of fiscal year (FY) 2012 to be approximately RMB -800 million, compared to the net profit of the same period in FY 2011 (RMB 63,333,600). The Company cited the decreased market demands for its main products and increased financial expenses as the main reasons for the forecast. 

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