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Wanguo International flags drop in H1 profit

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Wanguo International flags drop in H1 profit

WanguoInternational Mining Group Ltd. said July 11 that it expects ayear-over-year decrease in net profit for the six months ended June 30.

The Hong Kong-listed company noted that turnover and profitswere affected by the global economic instability and slump in metal prices inthe first half.

The group's interim financial results are expected to bereleased in August.