The export tax rebate adjustment
According to the Daily Economic News Nov. 19 news sea-shares (002,203) today (19) announced that as a result of some of the brass products, the export tax rebate rate from the previous 5% to 9% of the company's copper production in The adjustment. The company in December 2008 is expected to increase by about 1,000,000 yuan of profits, the company to maintain a slight increase in 2008 net profit expectations.
Comments: With the decline in foreign demand, the company in 2009 as a result of increases in the export tax rebate rate of increase in profits may be difficult to ensure that this level of 1,000,000 per month. Last year's net profit 170,000,000, the company is expected to this policy in 2009 will not have a greater impact on performance.





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