Dairy firms may suffer losses in Q3
By Zhou Yan | China Daily | Updated: 2008-10-15 08:06
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A Yili production line in Hohhot, Inner Mongolia autonomous region. Bloomberg News |
Inner Mongolia Yili Industrial Group and Shanghai-based Bright Dairy, the two dairy companies implicated in an ongoing tainted milk scandal, said yesterday that they expected a loss in the third quarter but refuted earlier media reports that the combined losses of the industry could reach 200 million yuan.
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