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Big into sugar is now down 2.15% companies issued medium-term profit warning

Source: Internet
Author: User
Keywords HONG Kong dollar net profit sugar industry
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Affected by the company's medium-term earnings early warning, 03889-HK sugar is now down 2.15%, at HK $0.91 and a deal of HK $183,500. The company said it expects a sharp fall in the net profit for the middle of 09 over HK $141 million in the first half of 08, as customer orders for group products have fallen, warning that demand for upstream and downstream products is weak during the global recession. A profit-warning message could trigger a renewed rating concern, as the company's earnings outlook could be revised.

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