China Sanjiang Fine Chemicals Company Limited announced that the Company expects its net profit attributable to equity holders for the year ended December 31, 2014 will decrease substantially by more than 70% as compared to net profit attributable to equity holders of the Company for the year ended December 31, 2013. The expected decrease in net profit attributable to equity holders of the Company was primarily attributable to decrease in average selling price of the company's dominant product, ethylene oxide and increase in average market price of company's feedstock, ethylene as well as provision of inventory for certain inventory as a result of price slump of crude oil during 2014 when comparing to 2013.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
1.62 HKD | -3.57% | +1.25% | +39.66% |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+39.66% | 256M | |
+2.46% | 102B | |
-8.98% | 60.79B | |
+74.76% | 48.69B | |
+13.97% | 38.53B | |
+3.41% | 31.68B | |
+13.55% | 20.5B | |
+11.17% | 16.77B | |
+8.81% | 14.09B | |
-3.19% | 13.44B |
- Stock Market
- Equities
- 2198 Stock
- News China Sanjiang Fine Chemicals Company Limited
- China Sanjiang Fine Chemicals Company Limited Provides Earnings Guidance for the Year Ended December 31, 2014