Zhenhua heavy industry affected by financial crisis 6.5-750 million

Zhenhua Heavy Industry (600320.　　SH) announced today, after the company's financial sector preliminary calculation, the 2010 is expected to be attributable to the owner of the parent company's net loss will be 650 million ~7.5 billion yuan.　　Zhenhua heavy industry in 2009 to achieve the ownership of the owner of the parent company's net profit of 839.85 million yuan, earnings per share of 0.19 yuan. The report said that the main reason for the loss of the company's performance is affected by the continued lag of the international financial crisis, global market demand is weak, the traditional port machine orders decline caused sales revenue reduction, production tasks are not enough, but also to undertake the product contract unit price decline is larger, the cost of fixed part of the expenditure accounted for the increase in income,　　The price of stock steel is higher than the market price and the RMB appreciation.　　The above results have not yet been audited by CPA, according to SSE appointment, Zhenhua Heavy industry will announce the 2010 annual results on March 10. Zhenhua heavy industry in Friday closed to 7.17 yuan, Rose 0.14%.