Zhejiang Jihua Group Co., Ltd. Provides Earnings Results Guidance for the Year 2018
January 23, 2019
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Zhejiang Jihua Group Co., Ltd. provided earnings results guidance for the year 2018. For the year, the Company predicts an increase of between RMB 240 million and RMB 310 million in its net profit owned by shareholders of the listed company in 2018 compared with the same period of the year before, with a year-on-year increase of between 60.39% and 78.01%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 200 million and RMB 270 million compared with the same period of the year before, with a year-on-year increase of between 53.04% and 71.61%.
ZHEJIANG JIHUA GROUP CO., LTD. is a China-based company principally engaged in the research and development, production and sales of dyes, dyes intermediates and other chemical products. The Company's main products include disperse dyes, reactive dyes, acid dyes, sulfur dyes, direct dyes, dye intermediates, H acid, synthetic anthraquinone, industrial sulfuric acid and extended products, polyurethane foams and polymer materials. The Company mainly distributes its products in domestic and overseas markets.