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China Sanjiang Fine Chemicals Foresees Surge in 2024 Profit
CHINA SANJIANG (02198.HK) expects annual net profit to be between 0.45 billion and 0.55 billion yuan.
On January 23, GLONGHUI announced that CHINA SANJIANG (02198.HK) expects that for the year ending December 31, 2024, it will record a consolidated net profit attributable to the equity holders of the parent company of between RMB 450,000,000 and RMB 550,000,000, compared to a net profit attributable to the equity holders of the parent company of approximately RMB 91,500,000 in the previous year. The anticipated increase in net profit attributable to the equity holders of the parent company is mainly due to the combined effects of the following: 1) The average selling price and sales volume of ethylene glycol increased by approximately 9.8% and 82.6%, respectively; and 2) A review of the year.
Express News | China Sanjiang Fine Chemicals - Expected Result Due to Improvement of Average Selling Price, Sales Volume of Ethylene Glycol, Others
Express News | China Sanjiang Fine Chemicals Sees Net Profit Attributable Between RMB450.0 Mln and RMB550.0 Mln for Year
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