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    A7S   SG1U49933948

SUNVIC CHEMICAL HOLDINGS LIMITED

(A7S)
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SunVic Chemical Holdings Limited Reports Unaudited Group Earnings Results for First Quarter Ended March 31, 2018

05/15/2018 | 05:56am EST

SunVic Chemical Holdings Limited reported unaudited group earnings results for first quarter ended March 31, 2018. For the period, the company’s revenue was RMB 677,243,000 against RMB 588,921,000 a year ago. This was mainly due to increase in revenue from sales of AA and AE as well as other chemical products by RMB 85.8 million and RMB 2.5 million respectively. Loss from operations was RMB 11,593,000 against profit of RMB 28,452,000 a year ago. Loss before income tax was RMB 35,352,000 against RMB 70,000 a year ago. Loss for the period was RMB 36,814,000 against RMB 3,723,000 a year ago. Net loss attributable to ordinary shareholders of the company was RMB 36,826,000 against RMB 3,698,000 a year ago. Basic and diluted loss per share was 6.8 cents against 0.7 cents a year ago. Cash flows used in operating activities were RMB 17,893,000 against cash flows from operating activities of RMB 349,026,000 a year ago. Purchase of property, plant and equipment and intangible assets was RMB 6,831,000 against RMB 88,712,000 a year ago.


© 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