China Railway Construction slumps on Saudi rail project loss (AFP)

Posted by Yahoo! News: Stock Markets News on October 26th, 2010

Finishing touches are put on a high speed railway station in Wuhan, in central China. Shares in China Railway Construction slumped Tuesday after it said it expects to lose 4.2 billion yuan (623 million dollars) in unforeseen costs on a rail line for Muslim pilgrims in Saudi Arabia.(AFP/File)AFP – Shares in China Railway Construction slumped Tuesday after it said it expects to lose 4.2 billion yuan (623 million dollars) in unforeseen costs on a rail line for Muslim pilgrims in Saudi Arabia.


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