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Mitsubishi Rayon reports extraordinary loss in Oct-Dec period
23 Jan '09
3 min read
(b)Ningbo Rayon:
Production volume has been reduced gradually at Ningbo Rayon Acrylic Fibers Co., Ltd., and we are currently holding talks with the local investors in the company with a view to implementing a radical reform of its business model in the near future.
4.Performance forecasts for the business year ending March 31, 2009:
The precise impact of the above-described extraordinary loss on the Company's consolidated business results for the fiscal 2008 full term is still being calculated, and a performance forecast will be released as soon as possible
Production volume has been reduced gradually at Ningbo Rayon Acrylic Fibers Co., Ltd., and we are currently holding talks with the local investors in the company with a view to implementing a radical reform of its business model in the near future.
4.Performance forecasts for the business year ending March 31, 2009:
The precise impact of the above-described extraordinary loss on the Company's consolidated business results for the fiscal 2008 full term is still being calculated, and a performance forecast will be released as soon as possible
Mitsubishi Rayon
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