Jinneng Science&Technology Co., Ltd Provides Earnings Guidance for the Year 2018
January 24, 2019
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Jinneng Science&Technology Co. Ltd. provided earnings guidance for the year 2018. For the period the company reported that it predicts an increase of between RMB 515.88 million and RMB 651.64 million in its net profit owned by shareholders. The net profit belonging to shareholders after excluding extraordinary profit and loss will increase by between RMB 453.88 million and RMB 581.74 million compared with the same period of the year before, with a year-on-year increase of between 71% and 91%.
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 
