Bawang International’s (Hong Kong stock code 1338) said Friday it expects to remain in the red for FY11 as its sales continued to be affected by the 2010 media reports that said its shampoos contained unsafe levels of a cancer-causing chemical. Such loss is well anticipated with Thomson Reuters consensus pegging a FY11 net loss of CNY386.6 million, vs its FY10 net loss of CNY118.0 million. Bawang closed Friday up 2.8% at HK$1.12 and plunges 8% to HK$1.03 at midday Thursday.