China BAK Battery, Inc. (CBAK) reported fourth quarter net loss of $1.36 million or $0.02 per share, compared to a net income of $1.47 million or $0.03 per share last year.
Net revenues for the quarter dropped to $57.55 million from $72.74 million in the previous year.
Looking ahead, the company expects fiscal 2010 revenue to be in the range of $270 million to $310 million.
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