Cangzhou Dahua Co., Ltd. Provides Earnings Guidance for the Year 2017
January 30, 2018
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Cangzhou Dahua Co., Ltd. Provided earnings guidance for the year 2017. For the period, the company predicts an increase of between RMB 890 million and RMB 920 million in the net profit belonging to shareholders of listed company in 2017, with an increase of between 240% and 248% 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 increase by between RMB 898 million and RMB 928 million, with an increase of between 252% and 261% compared with the same period of the year before.
CANGZHOU DAHUA CO., LTD. is a China-based company mainly engaged in the production and sales of chemicals. The Company's primary products include toluene diisocyanate (TDI), urea and ion-exchange membrane caustic soda, among others. The TDI is mainly used in the manufacture of polyurethane foams, elastomers, coatings, adhesives, among others. Urea is mainly used in the agricultural fertilizers, melamine, resins, plastics and pharmaceutical industries. The Company mainly distributes its products in domestic and overseas markets.