China: Yantai Wanhua to Announce Q2 Results on Aug 18

Chemical News: China: Yantai Wanhua to Announce Q2 Results on Aug 18

https://www.chemnet.com Aug 06,2010
Yantai Wanhua is to announce its Q2 results on Aug 18, according to the company's security department.

Analysts estimated that seasonal demand and price-up would bring the company good results this quarter.

In the first quarter of this year, the company reported sales income of Rmb 2.049 billion, up 69.1% year-on-year. Net profit increased by 31.0% to Rmb 251 million, with earning per share of Rmb 0.15, slightly better than expected.

Xiao Minghua, the company's securities representative said that Ningbo integrated MDI production site, which was under commissioning for the moment, would realize more than 100 kt MDI for the company this year.
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