Yunnan Yuntianhua Co., Ltd. Provides Earnings Guidance for the First Half of 2019
July 11, 2019
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Yunnan Yuntianhua Co., Ltd. provided earnings guidance for the first half of 2019. According to preliminary statistics of its financial department, the Company predicts the net profit belonging to shareholders of the company in the 1st half of 2019 to be about RMB 126 million, with an increase of 90.97% compared with the same period of the year before. The net profit belonging to shareholders of the company after excluding extraordinary profit and loss will be about RMB 43.33 million, with an increase of RMB 41.42 million compared with the same period of the year before.
YUNNANYUNTIANHUACO.,LTD is a China-based company principally engaged in manufacture and distribution of chemical fertilizers and chemical materials and products. The Company operates its businesses through Chemical Fertilizer segment, Phosphate Mining and Dressing segment, Engineering Material segment and Commerce Trading and Logistic segment. Chemical Fertilizer segment produces various chemical fertilizer products, including monoammonium phosphate, diammonium phosphate, urea and composite fertilizer, among others. Phosphate Mining and Dressing segment operates through the mining and dressing of phosphate, as well as the distribution of phosphate products. Engineering Material segment mainly provides polyformaldehyde and lithium battery separators. Commerce Trading and Logistic segment mainly involves in the trading and logistics services of chemical fertilizer, fertilizer raw materials and produce.