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Mesbon China Nylon Limited’s (ASX:MES) directors have reviewed projections for the full year to December 31, and in light of results to November 30, estimate that revenue for the full year will be around $150 million.



Net profit after tax for the group is estimated to be $2.6 million, significantly lower than the year prior.



The company says the synthetic fibre market has been dramatically affected by the European financial crisis.

Mesbon reported a net profit of $2.9 million for the half year to June 30, 2011.