Jinneng Science & Technology Co., Ltd. Provides Earnings Guidance for the Full Year of 2017
January 29, 2018
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Jinneng Science & Technology Co. Ltd. provided earnings guidance for the full year of 2017. According to preliminary statistics of its financial department, the Company predicts that the net profit belonging to shareholders of the listed company in 2017 will increase by between RMB 211.37 million and RMB 295.96 million (based on the disclosed statistics according to relevant regulations), with an increase of between 50% and 70% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 199.81 million and RMB 279.3 million (based on the disclosed statistics according to relevant regulations), with an increase of between 51% and 71% compared with the same period of the year before.
Jinneng Science & Technology Co Ltd is a China-based company mainly engaged in the production and sales of chemical products. The Company's main businesses include fine chemicals, coal chemicals, and petrochemicals. The Company mainly integrates coking and chemical production, coal tar deep processing and carbon black production, p-cresol production, sour alkali and white carbon black production, sorbic acid and potassium sorbate production, methanol co-production of synthetic ammonia, gas turbine combined cycle thermal power co-production and other businesses are integrated. The Company's main products include coke, carbon black, white carbon black, sorbic acid and potassium sorbate, p-methyl phenol, methanol, pure benzene, etc., mainly used in steel, automobiles, plastics, chemical fiber, food, medicine and other industries. The Company distributes its products within the domestic market and to overseas market.
JINNENG SCIENCE&TECHNOLOGY CO.,LTD 
