2015-07-09 19:10:00
HONGHUA: DOWN OR LOSS
HONGHUA GROUP issued a profit warning, expecting the net profit for the six months ended 30 June 2015 to decrease significantly as compared to that for the same period in 2014 and may record a loss. Such decrease or expected loss is primarily due to the fact that there is no significant improvement in the global oil and gas market and the oil and gas industry is under a deep adjustment.
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