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Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd announces FY 2013 net profit outlook


Thursday, 30 Jan 2014 07:00pm EST 

Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd:Sees net profit for fiscal year (FY) 2013 to be -2,350 million yuan, compared to the net profit of FY 2012 (484,490,338.80 yuan).Says sluggish steel market and decrease in steel price is the main reason for the forecast. 

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