24 July 2012 09:11 [Source: ICIS news]
SINGAPORE (ICIS)--Sichuan Lutianhua Co said on Tuesday it expects to post a first-half 2012 net profit of yuan (CNY) 60m-90m ($9m-14m), reversing a loss incurred in the same period last year, partly on improved demand for fertilizers.
The company’s actual financial results for January-June 2012 will be released in August, the company said in a statement.
In the first half of 2011, Sichuan Lutianhua incurred a net loss of CNY26.9m, it said.
Sichuan Lutianhua is a major fertilizer producer in southwestern ?xml:namespace>
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