Cangzhou Dahua Co., Ltd. Provides Earnings Guidance for the First Half of 2017
July 13, 2017
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Cangzhou Dahua Co., Ltd. provided earnings guidance for the first half of 2017. According to preliminary statistics of its financial department, it is predicted that the company will turn losses into gains in its business performance in the first half of 2017 compared with the same period of the year before, with the net profit belonging to shareholders of the listed company to be about RMB 656 million.
CANGZHOU DAHUA CO., LTD. is a China-based company mainly engaged in the production and sales of chemicals. The Company's primary products include toluene diisocyanate (TDI), urea and ion-exchange membrane caustic soda, among others. The TDI is mainly used in the manufacture of polyurethane foams, elastomers, coatings, adhesives, among others. Urea is mainly used in the agricultural fertilizers, melamine, resins, plastics and pharmaceutical industries. The Company mainly distributes its products in domestic and overseas markets.