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Changjiang Fertilizer Holdings Ltd Comments On Q3 2013 Earnings Guidance

Friday, 1 Nov 2013 05:57am EDT 

Changjiang Fertilizer Holdings Ltd announced that for third quarter of 2013, it expects to report a bigger loss as compared to the third quarter of 2012. As announced in the Company results for the second quarter ended 2013, due to the decrease in demand, the Company have temporary halted the production activities in the Company's plants in Xiangyin and Hanshou for the first half of 2013 and for the Company's plant in Miluo, part of second quarter of 2013. As there was no improvement in demand since then, the production activities in all the Company's three plants continued to be halted for the whole of the third quarter of 2013, with no sales revenue generated in the third quarter. 

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