Profit warning from China’s Zoomlion
19 July 2016
In a profit warning release, covering the period 1 January 2016 to 30 June 2016, Zoomlion Heavy Industry Science and Technology Company estimates it has made a loss of between RMB 800 million (US$ 119.5 million) and RMB 870 million (US$ 129.99 million).
The state-owned construction equipment manufacturer – which…