Cyber Economy
Cyber Economy
Cyber Economy


 
Stellar Megaunion Corp Issues FY 2007 Q1 to Q3 Net Profit Guidance; Announces No Dividend Payment for FY 2007 H1
 
Reuters--08-28-2007      [-] Text [+]
 
Stellar Megaunion Corp announced that the Company is likely to experience a net loss for the first three quarters of fiscal 2007. The Company reported a net loss of RMB 139.76 million during the same period for the previous year. The Company cited tightening of capital due to the freeze and auction of assets as well as production halt as reasons for the forecast. announced that it would not distribute earnings for the semi-annual period ended June 30, 2007. 

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