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Shanghai Haixin Expects Loss in 2008 After Export Order Drop
Shanghai Haixin Group Co., a Chinese textile exporter, said it will probably post a 2008 loss after orders from overseas declined.

The company didn??t give a loss figure in a statement to the Shanghai stock exchange today.

China??s listed companies are required to announce if they expect earnings to rise or fall more than 50 percent in a reporting period.

 

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