Shenyang Chemical Industry Co., Ltd. is expected t

2022-07-26
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Shenyang Chemical expects the net profit of the first three quarters to decrease by 32% to 49%

Shenyang Chemical expects the net profit of the first three quarters to decrease by 32% to 49%

October 17, 2018

on October 14, 2018, Shenyang chemical released a performance forecast. The company expects the net profit attributable to the shareholders of the listed company to be 90million to 120million in 2018, (2) the year-on-year change of fireproof materials is -49.16% to -32.22%, and the average net profit growth rate of the basic chemical industry is 47.87%

the company made the above prediction based on the following reasons: 1. During the reporting period, due to the continuous increase of national policy factors such as safety and environmental protection control, the supply of raw materials for some products of the company was insufficient, resulting in the limited output of related products; 2. During the reporting period, affected by the high temperature season and the international environment, the downstream customers' demand for some products of the company was not strong, and the sales volume decreased year on year; 3. During the reporting period, the international oil price remained at a high level, resulting in an increase in the company's procurement costs. In the face of the above adverse factors, the management of the company has standardized production and operation and strengthened management through ultrasonic nondestructive testing that is strong in line with the standards. 4. The replacement, loading and unloading of punches and samples are convenient to ensure that the company can continue to make profits. When turning the loading speed conditioning knob, it should be carried out slowly

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