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Property firm Zhejiang WHWH expects to turn profitable in 2013, scraps asset restructuring plan
January 6, 2014 / 3:51 AM / 4 years ago

Property firm Zhejiang WHWH expects to turn profitable in 2013, scraps asset restructuring plan

Jan 6 (Reuters) - Zhejiang WHWH Industry Co Ltd

* Says expects to turn profitable in 2013 after posting a net loss of 64.7 million yuan ($10.6 million) in 2012, helped by a new project generating income and a stake sale in one of its assets

* Says scraps asset restructuring plan as target seller failed to provide adequate financial information

Source text in Chinese: link.reuters.com/rur75v

link.reuters.com/vur75v

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