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The high-tech tungsten tungsten products prices before the three quarter net profit increase of about 4 times

  The high-tech tungsten (000657) 11 evening released results notice, is expected before the three quarter of 100 million yuan net profit of -1.3 billion yuan, an increase of 353%-489%. Among them, the third quarter net profit of 41 million 340 thousand yuan -7134 million, an increase of 142%-318%. During the reporting period, due to the global economic recovery, tungsten products prices and other factors, the company's major products market demand increased. The production and sales of cemented carbide products increased compared with the same period last year, and the profitability increased.
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