HaiKe Chemical Group's shares plummet on annual loss forecast

HaiKe Chemical Group said Friday it was likely to report an annual loss as weakened demand presented challenges for Chinese operations last year.

HaiKe Chemical Group said Friday it was likely to report an annual loss as weakened demand presented challenges for Chinese operations last year.

The China-based chemical and biochemical business said oil refineries were impacted by a sluggish economy for the year to December 31st.

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