Huludao Zinc forecasts net loss of $37.5 mln in 2007 due to Q4 zinc price slump
Shanghai. January 30. INTERFAX-CHINA - Huludao Zinc Industry Co. Ltd., a Shenzhen-listed subsidiary of Huludao Nonferrous Metals Group, forecast today that the company made a net loss of RMB 270 million (-$37.5 million) in 2007, which can be mainly attributed to a zinc price slump in the fourth quarter of 2007.
losses due to zinc price being too low
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