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Saturday, October 29, 2011

New fiber: Q3 profit by a conservative outlook

New fiber: Q3 profit by a conservative outlook Huang Hsin-╱ 【Taipei】 new fiber (1409) International cotton prices soared earlier this year to benefit the substitution effect of fermentation and PTA, first quarter net income brisk performance, but the second quarter in the international raw materials prices fell back and weak demand , the first quarter compared with first quarter earnings suddenly plummeted 2 percent. Wu Dongsheng, chairman of the new fiber yesterday that third-quarter earnings less than the second quarter, fourth quarter and early next year, only a conservative look. ...New fiber: Q3 profit by a conservative outlook

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