STL(SZ:002648)2015-03-30 16:00Financial Performance - The company expects a net loss attributable to shareholders between -163.43 million and -118.04 million RMB for Q1 2015, representing a decline of 280% to 230% compared to the same period last year, which had a profit of 90.79 million RMB[3] - The decline in performance is primarily due to a significant drop in product prices influenced by falling international crude oil prices and market pessimism[5] Operational Updates - The company's full subsidiary, Zhejiang Satellite Energy Co., Ltd., underwent a planned maintenance shutdown for its 450,000-ton PDH project in February 2015, which lasted for one month[5] - Sales were largely stagnant during the Spring Festival holiday due to early shutdowns in downstream industries, but demand and product prices have shown significant recovery towards the end of the quarter[5]