Ko Yo Chemical Group Limited Provides Earnings Guidance for the First Half of the Financial Year of 2016
July 27, 2016 at 07:01 am EDT
The Board of Ko Yo Chemical Group Limited announced that due to the market prices of urea, methanol and other chemical products were at the historical bottom for more than a decade, which in turn led to a low level of gross profit from operations of the Group. Therefore, the Board expects that a loss will be recorded for the Group in the first half of the financial year of 2016.