Earnings forecast grim in H1
By Wang Ying | China Daily | Updated: 2009-07-16 08:04
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Residential buildings under construction in Quanzhou, Fujian province. Of more than 800 listed companies that have announced their mid-year earnings figures, less than half said they would be profitable in the first six months. CFP |
SHANGHAI: A total of 815 listed companies on the Shanghai and Shenzhen bourses have announced their mid-year earnings forecast, and less than half of them predicted they would be profitable in the first half of fiscal 2009.
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