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Bengang spectrophotometer Steel forecasts loss of up to RMB 1.5 bln in Jan-Sep
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Bengang Steel forecasts loss of up to RMB 1.5 bln in Jan-SepPublished: 04 Oct 2009 18:58:12 PSTTop 5 News From ChinaKnowledge.comIMF announces China, world growth forecastsCITIC Real Estate to sell Beijing firm for RMB 1.31 blnChina South Locomotive wins contracts worth RMB 72.4 blnCNOOC may buy into Ugandan oil projectChina Real Estate seeks to IPO in US, raise $200 mlnOct. 5, 2009 (China Knowledge) – Bengang Steel Plates Co Ltd<000761><2000761>, which is mainly engaged in the smelting of steel and the rolling and processing of steel plates, said it may record a loss of between RMB 1 billion and RMB 1.5 billion for the first three quarters of this year, due to low steel plate prices.In the first nine months of 2008, the firm realized a net profit of RMB 1.42 billion.The company said in a statement filed with the Shenzhen Stock Exchange that steel plate prices continued at a low level amid a weak domestic market in the third quarter, but that there was little decline in fuel and raw material costs.Bengang Steel Plates, based in Benxi, Liaoning Province, reported a net loss of RMB 910 million for the first half of this year. The firm’s operating revenue in the same period was RMB 16.46 billion, down 12.30% year on year.Copyright © 2009 http://www.chinaknowledge.com过滤器 Share trading 冷热冲击试验箱 工作流 深圳写字楼装修 lithium batteries 滤油机 car sun shades
