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Home>China Rongsheng 2014 Net Loss $1.25 Billion

China Rongsheng 2014 Net Loss $1.25 Billion

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Tue, 31 Mar 2015

China Rongsheng Heavy Industries Group Holdings Ltd. (1101.HK) posted a 2014 net loss of 7.75 billion yuan ($1.25 billion) as the troubled shipbuilder struggles with higher expenses and cancellation of orders. The Hong Kong-listed company said Tuesday its 2014 net loss was slightly narrowed from a
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