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ENERGY & OFFSHORE | Staff Reporter, Hong Kong

Huili Resources warns of loss

No thanks to sluggish market condition.

The board of directors of Huili Resources (Group) Limited announced that based on a preliminary review of the unaudited management accounts of the Group, it is expected that the Group will record a loss for the year ended 31 December 2012.

The announcement said there was a decrease in revenue due to sluggish market condition during the said period.
The company is in the process of finalising the Group’s results.

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