Asia
China Environmental Resources Forecasts 80% Narrower Fiscal-Year Loss
China Environmental Resources (SGX:UIX, HKG:1130) expects to narrow its loss by at least 80% for the year ended June 30, compared with HK$42.9 million a year prior.The metal recycling company attributed the forecast to a higher revenue, gross profit, and other income and gains, as well as lower administrative and operating expenses among various other factors, a Monday bourse filing showed.
HKG:1130HKG:2938
