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Fabchem China Ltd Comments On Q3, FY 2013 Profit Guidance


Friday, 18 Jan 2013 04:29am EST 

Fabchem China Ltd announced that for third quarter of 2013, it expects profit to be significantly lower as compared to the third quarter of 2012. This was mainly attributable to lower market-driven prices of ammonium nitrate and the increase in raw materials prices for third quarter of 2013, as compared to third quarter of 2012. In view of the lower profitability for third quarter 2013, nine-month results for the nine months period from April 01, 2012 to December 31, 2012 (nine Month 2013) and fiscal 2013 are also expected to be lower than that of the previous corresponding period/year. 

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17 Nov 2014