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Affected By Rising Production Costs, Leather Enterprises Suffer Losses.
HuaLienInternational (Holdings) Co., 0969.HK (abbreviation: Hualian International) said on Thursday that it expects to lose money in the six months to June 30th.
The leather manufacturer attributed losses to rising production costs and more revenue.
The company did not disclose expectations for losses in the first half of this year.
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