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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 the Second Quarter and First Half Ended June 30, 2016

08/12/2016 | 07:20am EST

SunVic Chemical Holdings Limited reported unaudited group earnings results for the second quarter and first half ended June 30, 2016. For the quarter, the company reported revenue of RMB 515,578,000 compared to RMB 690,122,000 a year ago. Results from operating activities were RMB 52,857,000 compared to RMB 45,029,000 a year ago. Profit before income tax was RMB 31,059,000 compared to RMB 17,400,000 a year ago. Profit for the period was RMB 30,494,000 compared to RMB 16,275,000 a year ago. Profit attributable to owners of the company was RMB 30,766,000 compared to RMB 16,816,000 a year ago. Cash inflows from operating activities were RMB 20,095,000 compared to cash out flows from operating activities of RMB 172,687,000 a year ago. Basic and diluted earnings per share were 5.7 cents compared to 3.2 cents per diluted share a year ago. For the first half, the company reported revenue of RMB 937,876,000 compared to RMB 1,267,650,000 a year ago. Income from operations was RMB 15,990,000 compared loss income from operations of RMB 26,904,000 a year ago. Loss before income tax was RMB 27,775,000 compared to RMB 80,293,000 a year ago. Loss for the period was RMB 30,641,000 compared to RMB 82,138,000 a year ago. Loss attributable to owners of the company was RMB 30,096,000 compared to RMB 78,990,000 a year ago. Cash inflows from operating activities were RMB 103,576,000 compared to cash out flows from operating activities of RMB 475,502,000 a year ago. Purchase of property, plant and equipment and land use rights was RMB 45,503,000 compared to RMB 61,684,000 a year ago. Basic and diluted loss per share was 5.6 cents compared to 14.8 cents per diluted share a year ago. Net asset value per ordinary share was 247.2 cents compared to 252.9 cents as at December 31, 2015.


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