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Bgrimm Materials & Technology Co Ltd Announces FY 2012 H1 Net Profit Outlook

Thursday, 9 Aug 2012 08:00pm EDT 

Bgrimm Materials & Technology Co Ltd announced that it expects its net profit for the first half year of fiscal year (FY) 2012 to be RMB -13 million to RMB -15 million, compared to the net profit of the same period in FY 2011 (RMB -4.4557 million). The Company cited the increased raw materials prices as the main reason for the forecast. 

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