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

Monday, 21 Jan 2013 07:00pm EST 

Blue Star New Chemical Materials Co Ltd announced that it expects its net loss for fiscal year (FY) 2012 to be approximately RMB 1.03 billion, compared to the net profit of FY 2011 (RMB 71,558,500). The Company cited the decreased demand for its main products and increased financial expenses as the main reason for the forecast. 

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