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West King Sugar in mid-term net profit plunged by 5%

Source: Internet
Author: User
Keywords Net profit sugar
Tags .net company environment financial financial crisis net net profit operating
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West King Sugar (02088), the first half of the year's net profit is expected to fall significantly, this morning has fallen 4.61% to 1.45 yuan.　　The current price of 1.47 yuan, down 3.29%, a temporary transaction of more than 5.1 million yuan. The company refers to a sharp decline in net profit, mainly due to the downturn in the overall operating environment caused by the global financial crisis, which led to a fall in the output, sales and average prices of major products in the first half of 09. Moreover, although the impact of the "melamine incident" in September 08 was gradually reduced since the second quarter of 09, the incident still had a negative impact on earnings in the first half of the year.

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