Economic Downturn, Vic Essence Is Expected To Lose 11 Million Yuan In The First Quarter
Victor elite (600152) net profit attributable to parent company owners in the first quarter of 2009 was about 11 million yuan loss.
The company said that because of the economic crisis, external consumption demand continued to slump, and more than 60% of the company's current business income structure was dependent on the international market such as Europe, America and Japan.
Since the second half of 2008, the export trade of the company has been encountering a cold spell. Foreign orders have fallen sharply, and the market price competition has become increasingly fierce, resulting in a serious decline in business efficiency.
Editor in chief: Xu Qiyun
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