Yangmei Chemical Co., Ltd. Provides Earnings Guidance for the Full Year of 2017
January 23, 2018
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Yangmei Chemical Co., Ltd. provided earnings guidance for the full year of 2017. For the period, the company will turn losses into gains in its the net profit belonging to shareholders of the listed company compared with the same period of the year before, with the net profit belonging to shareholders of the listed company to be between RMB 90 million and RMB 130 million. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between negative RMB 20 million and RMB 20 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.