Hubei Zhenhua Chemical Co., Ltd. Provides Earnings Guidance for the Full Year of 2018
January 15, 2019
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Hubei Zhenhua Chemical Co. Ltd. Provided earnings guidance for the full year of 2018. The company predicts that the net profit belonging to shareholders of the listed company will be between RMB 142 million and RMB 160 million in 2018, with an increase of between RMB 41.87 million and RMB 59.87 million and an increase of between 41.82% and 59.79% compared with the same period of the year before. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 139.35 million and RMB 157.35 million, with an increase of between RMB 44.21 million and RMB 62.21 million and an increase of between 46.47% and 65.39% compared with the same period of the year before.
Hubei Zhenhua Chemical Co Ltd is a China-based company mainly engaged in the research and development, manufacturing and sales of chromium salt by-products. The Company operates its business through four segments: Inorganic Salt-related Industry segment, Logistics and Transportation Industry segment, Construction Engineering segment and Other segment. The Company's products include sodium dichromate, potassium dichromate, chromic anhydride, chromium oxide green, basic chromium sulfate, refined Yuanming powder, chromium yellow, metallic chromium and ultrafine aluminum hydroxide, etc. The Company's products are used in surface treatment, pigments, tanning, medicine, dyes, new materials, spices, feed additives and other industries. The Company mainly conducts its businesses in the domestic market and overseas markets.
HUBEI ZHENHUA CHEMICAL CO.,LTD. 
