Friday, 29 Jul 2011

Shandong Dacheng Pesticide Co., Ltd. announced that it expects a loss for the first half of fiscal year 2011, compared to that of same period last year (RMB -3,247,824.20). The Company cited the high price of coal, the increase of chemical raw material price and the closure of its Zibo-based thermal power subsidiary as the main reasons for this forecast.