Cangzhou Dahua Co., Ltd. Provides Earnings Guidance for the First Quarter of 2017
April 06, 2017
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Cangzhou Dahua Co., Ltd. provided earnings guidance for the first quarter of 2017. For the quarter, the company will turn losses into gains in its the net profit belonging to shareholders of the listed company from January to March 2017 compared with the same period of the year before, with the net profit belonging to shareholders of the listed company to be about RMB 425 million.
CANGZHOU DAHUA CO., LTD. is a China-based company mainly engaged in the production and sales of chemicals. The Company's primary products include toluene diisocyanate (TDI), urea and ion-exchange membrane caustic soda, among others. The TDI is mainly used in the manufacture of polyurethane foams, elastomers, coatings, adhesives, among others. Urea is mainly used in the agricultural fertilizers, melamine, resins, plastics and pharmaceutical industries. The Company mainly distributes its products in domestic and overseas markets.