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    A7S   SG1U49933948

SUNVIC CHEMICAL HOLDINGS LIMITED

(A7S)
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SunVic Chemical Holdings Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2017

04/12/2018 | 07:38pm EST

SunVic Chemical Holdings Limited reported audited consolidated earnings results for the year ended December 31, 2017. For the year, the company reported revenue of RMB 2,246,712,000 against RMB 2,133,553,000 a year ago. This was mainly due to a RMB 39.3 million and RMB 85.5 million increase in revenue contribution from sale of acrylic acid and acrylate esters as well as other chemical products respectively. This was, however, partially offset by a RMB 11.7 million decrease in revenue from the sale of PMIDA and glyphosate. Loss before taxation was RMB 17,159,000 against RMB 295,235,000 reported last year. Loss attributable to owners of the company was RMB 20,322,000 or 3.8 cents per basic and diluted share compared to RMB 341,489,000 or 64.2 cents per basic and diluted share in the same period last year. Net cash flows generated from operating activities were RMB 524,253,000 against RMB 308,880,000 reported last year. Purchase of property, plant and equipment was RMB 152,014,000 against RMB 82,770,000 reported last year. Purchase of intangible assets was RMB 2,000 against RMB 335,000 a year ago.


ę S&P Capital IQ 2018
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Managers and Directors
Lihua Sun Chief Executive Officer & Executive Director
Wei Hua Chen Finance Manager
Poh Beng Koh Lead Independent Director
Poh Huat Lua Independent Director
Jennie Liu Manager-Investor Relations