Subscribe to RSS feedABB profit warning as Asian demand slows
by
Sineva Toevai
—
last modified
Jul 16, 2009 05:47 PM
ABB Grain has slashed its profit forecast for the 2009 financial year by more than 10% as Asian demand for malt, fertilisers and chemicals slows.
Difficult market conditions could see net profit after tax in the order of $43m to $53m for the year ending September 30, ABB Grain said.
The company’s previous earnings forecast in May was for net profit after tax to be...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
