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Rising Nonferrous Metals guides loss of RMB250-280 mln for 2015

BEIJING
2016-01-12 16:59

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Rising Nonferrous Metals Co. Ltd. (600259.SH) guided on Tuesday that it would likely incur a net loss in a range between 250 million yuan and 280 million yuan in 2015 due to sluggish demands for rare earth and tungsten products. In 2014, the company earned a net profit of about 18.69 million yuan.

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