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    A7S   SG1U49933948

SUNVIC CHEMICAL HOLDINGS LIMITED

(A7S)
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SunVic Chemical Holdings Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2016

05/13/2016 | 05:12am EST

SunVic Chemical Holdings Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company's revenue was RMB 422,298,000 against RMB 577,528,000 a year ago. Loss from operations was RMB 36,867,000 against RMB 71,933,000 a year ago. Loss before income tax was RMB 58,834,000 against RMB 97,693,000 a year ago. Loss for the period was RMB 61,135,000 against RMB 98,413,000 a year ago. Loss attributable to owners of the company (60,862,000 against RMB 95,806,000 a year ago. Cash flows from operating activities was RMB 137,765,000 against cash flows used in operating activities of RMB 302,815,000 a year ago. Purchase of property, plant and equipment and land use rights was RMB 99,787,000 against RMB 12,747,000 a year ago. Basic and diluted loss per share was 11.4 cents against 17.9 cents a year ago. This was mainly due to decrease in revenue from sales of AA and AE as well as PMIDA and glyphosate by RMB 171.1 million and RMB 33.0 million respectively which were partially offset by an increase in sales of other chemical products by RMB 48.9 million.


ę S&P Capital IQ 2016
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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