Zhangzidao Forecasts Continuing Losses for Investors
SEAFOODNEWS.COM [ifeng] Translated by Amy Zhong April 11, 2016
The Zhangzidao group, which was investigated by the stock market authorities after belatedly disclosing a large loss in scallop inventories, released a statement today that forecast continuing losses for investors.
The company's board of directors said that for the quarter ending March 31, 2016, losses would be between 6.5 nd 9.4 million yuan.
"The group has got some success in its improvement of organization structure, cutting of cost, market segmentation and bettering of its services..
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