The 3,000-tonne-per-annum Chinese plant was commissioned in 2007.

CUMI's two other overseas operations were also affected in the first quarter this fiscal due to the economic downturn.

The company reported a net profit of Rs.19.2 crore for the quarter ended June 30 as compared to Rs.19.9 crore recorded in the like period last year.

CUMI's consolidated revenue stood at Rs.282 crore in the quarter, down from Rs.296 crore a year ago.

On a standalone basis CUMI posted a turnover and net profit of Rs.162.5 crore and Rs.13.9 crore respectively.