China Sanjiang Fine Chemicals Co., Ltd. (HK:2198) has released an update.
China Sanjiang Fine Chemicals Co. Ltd. anticipates a significant rise in net profits for the first half of 2024, projecting more than RMB 150 million, an increase of over 400% compared to the same period in 2023. This surge in profit is largely due to improved product pricing and the successful implementation of the company’s new production facilities. Investors are advised to exercise caution when dealing in the company’s shares as these results are based on preliminary assessments and the final report is expected by August 2024.
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