Ye Chiu China Sees 40-60% Fall in 2014 Net Profit on Lower Aluminum Price

Published: Feb 11, 2015 15:17

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Ye Chiu Metal Recycling (China) Ltd. anticipates a 40-60% fall in its net profit for the full year of 2014, citing falling aluminum prices in China and overseas.

SHANGHAI, Feb. 11 (SMM) –Ye Chiu Metal Recycling (China) Ltd. anticipates a 40-60% fall in its net profit for the full year of 2014, citing falling aluminum prices in China and overseas.

Net profit attributable to shareholders of listed company was 89.96 million yuan ($ 14.62 million) in 2013, it told the Shanghai Stock Exchange.

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Ye Chiu Metal Recycling (China) Ltd.2014 FY results

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