CHINA: Tsingtao earnings to be hit by SARS
China's largest brewer Tsingtao Brewery saw its share price fall 5% today as it revealed that the outbreak of the SARS virus would hurt second quarter results. Though the company reported a slight rise in first quarter net profits it said: "Because of uncertainty over the control of the SARS epidemic, the market prospect in the second quarter is expected to be more grim."
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