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Home > News > Company News > Gem-Year Predicted to Lose 20 M CNY in First Half

Gem-Year Predicted to Lose 20 M CNY in First Half

By CFM , 2015-07-31 01:52:34

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In the evening of July 27, Gem-Year released its announcement of downside earning warnings. It is estimated that in the first half of 2015, the business performance of Gem-Year will be -20 million CNY.

Gem-Year indicated that the reason of its undesirable performance in the first half was attributed to the decreasing demand from high-speed rail construction industry. Detailed and official report will be released later.

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