Titan Petrochemicals warns of huge losses

Hui Ching-hoo - Tuesday 9 February 2010

TITAN Petrochemicals, the shipbuilding, tanker operator and oil storage company, has warned that it will report a substantial losses for 2009.
The Hong Kong-listed company reported unaudited consolidated losses of HK$53.8m ($6.9m) for the first half of 2009 and said operating performance in the second half would further deteriorate due to weak mark...

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