Yangmei Chemical Co., Ltd. Provides Earnings Guidance for the First Half of 2015
July 08, 2015
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Yangmei Chemical Co., Ltd. provided earnings guidance for the first half of 2015. According to preliminary statistics of its financial department, the Company will turn losses into gains in its business performance compared with the same period of the year before, with the net profit belonging to shareholders of the listed company to be between RMB 35 million and RMB 50 million.
Yangmei Chemical Co., Ltd. is a China based company principally engaged in the research, development, production and sales of coal chemical products and chemical equipments. The company's main products include urea, methanol, liquid ammonia, polyvinyl chloride, caustic soda, n-butanol, octanol, compound fertilizers, phosphorus trichloride, crude glycol, ammonium nitrate, calcium ammonium nitrate, melamine, hydrogen peroxide, ammonium bicarbonate, cyclohexylamine, dinaphthol and ammonium chloride. The Company's products are mainly used for agricultural fertilizers and chemical raw materials. The Company distributes its products in the domestic market and to overseas markets.