Fabchem China Limited provided earnings guidance for the first quarter ended June 30, 2013. For the quarter, the Group's profit is expected to be significantly lower as compared to the corresponding quarter in the previous financial year. This was mainly attributable to two factors as the temporarily production suspension of its commercial explosives production by the Chinese authorities from 20 May 2013 to 14 June 2013; Continual pressure on the marketdriven selling prices of ammonium nitrate.
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- Fabchem China Limited Provides Earnings Guidance for the First Quarter Ended June 30, 2013