10-12-2010, 09:50 AM
(10-12-2010, 12:49 AM)Nick Wrote: Biotreat has certainly fallen away from its pre-crisis levels...to think that it generated RMB 330 million net profit in 2007 !
China's wastewater industry is highly competitive and margins are razor-thin. FF Wong alluded to this in an interview with The Edge some time back.....thus it is not surprising that many of the players are getting squeezed.
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