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342 — Newocean Energy Holdings News Story

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Brief: Newocean Energy Sees Consol Net Loss Of Approximately HKD 170 Million For Six Months

Aug 25 (Reuters) - Newocean Energy Holdings Ltd  0342.HK :
    * SEES CONSOL NET LOSS OF APPROXIMATELY HKD 170 MILLION FOR
SIX
MONTHS
    * EXPECTED RESULTS AS GROUP HAD EXPERIENCED UNDUE DELAY IN
TRADE
RECEIVABLES COLLECTION, AMONG OTHERS


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