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Sichuan quake: China's New Hope Liuhe says quake losses reach $5 million

Published on Apr 22, 2013 8:27 AM
 

SHANGHAI (REUTERS) - China's New Hope Liuhe Co Ltd , majority-owned by influential entrepreneur Liu Yonghao, said on Monday it had suffered property losses worth about 25 million yuan (S$5 million) in Saturday's earthquake.

The losses included damage to the feed producer's headquarters in Chengdu and to properties of more than 10 of its units in nearby areas, the company said in a statement published by the Shenzhen Stock Exchange (http: www.szse.cn/).

About 90 other Chinese listed companies made quake-related statements on Monday. Some reported minor property losses but all said their businesses had not been affected.

The 6.6 magnitude quake struck in Lushan county, near the city of Ya'an in Sichuan province, killing at least 208 people and seriously injuring almost 1,000.

 
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