Shanxi Changcheng Microlight Equipment Co. Ltd. Provides Earnings Guidance for the Six Months Ended June 30, 2012
August 01, 2012 at 09:48 am
Shanxi Changcheng Microlight Equipment Co. Ltd. provided earnings guidance for the six months ended June 30, 2012. the company is expected to record a loss for the six months ended June 30, 2012 due to decrease in the sales, continued appreciation of Renminbi against Euro, increase in the cost of raw materials and production costs, and increase in the amount of depreciation.