Shandong Cynda Chemical Co., Ltd. Provides Earnings Guidance for the First Half of 2018
July 09, 2018
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Shandong Cynda Chemical Co. Ltd. announced that according to preliminary statistics of its financial department, the company predicts the net profit owned by shareholders of the listed company in the first half of 2018 to be between RMB 120 million and RMB 128 million, with an increase of between RMB 65.83 million and RMB 73.83 million compared with the same period the year before, and a year-on-year increase of between 121.52% and 136.29%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 108 million and RMB 118 million, with an increase of between RMB 59.8 million and RMB 67.8 million compared with the same period of the year before, and a year-on-year increase of between 112.41% and 127.44%.
ShanDong Cynda Chemical Co., Ltd. is a China-based company principally engaged in the research and development, production and sales of pesticides. The Companyâs main products include herbicides, fungicides, agricultural original chemicals, preparations and intermediates, among others. The herbicides mainly include the clethodim and preparations, clomazone and related preparations, imazethapyr, as well as imazapyr and its preparations. The Company mainly distributes its products in domestic and overseas markets.