China's Xiamen Tungsten expects drop in Q1 net profit

China’s Xiamen Tungsten expects a significant year-on-year fall in net profit in the first quarter of 2013 but sees recovery in tungsten demand in the coming months.

The drop is mainly due to the weak tungsten market, low sales volume and falling tungsten prices [in the first quarter], the company said.

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email: sales@chinatungsten.com
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