Jiangsu Maysta Chemical Co., Ltd. Provides Preliminary Earnings Guidance for 2019
January 15, 2020
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Jiangsu Maysta Chemical Co., Ltd. provided preliminary earnings guidance for 2019. Company predicts the net profit belonging to shareholders of the listed company in 2019 will be between RMB 69.4 million and RMB 77.56 million, with an increase of between RMB 28.58 million and RMB 36.74 million compared with the same period of the year before and with a year-on-year increase of between 70% and 90%. The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 56.07 million and RMB 61.16 million, with an increase by between RMB 30.59 million and RMB 35.68 million compared with the same period of the year before, and a year-on-year increase of between 120% and 140%.
JIANGSU MAYSTA CHEMICAL CO., LTD. is a China-based company principally involved in the research, development, manufacture and sales of polyurethane foam stabilizers. The Company operates through two main segments. The Main Business segment is mainly engaged in the production and sales of rigid foam stabilizers, flexible foam stabilizers and oil field chemicals. The Other Business segment is mainly engaged in the provision of customized technology support and services for clients.