CHINA: Rising costs hit Tingyi Holdings Corp nine-month profits

By Michelle Russell | 15 November 2011

Tingyi (Cayman Islands) Holdings Corp has recorded a drop in profits in the first nine months of 2011 as a result of higher raw material costs and poor weather hitting its beverages division.

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Tingyi (Cayman Islands) Holdings Corp has recorded a drop in profits in the first nine months of 2011 as a result of higher raw material costs and poor weather hitting its beverages division.