On the evening of January 18, 2022, China Heart to Heart Fertilizer Co., Ltd. (1866. HK) announced in Hong Kong that the Company expects the Group's net profit to grow by no less than 200% compared to the same period last year for the year ended 31 December 2021.
The increase in net profit is mainly due to: the Group uses the leading edge of the main industry of chemical fertilizers in the industry to drive the performance of various chemical products to improve, "fertilization and promotion" is conducive to the coordinated development of the industrial chain, promote the steady growth of performance; the use of base layout, give full play to flexible adjustment, ensure the maximization of resource utilization, continuously optimize and upgrade production technology, strengthen scientific and technological innovation, strengthen the advantages of "low cost + differentiation", and achieve high-quality development; international energy and grain prices rise, promote the price of fertilizers and chemicals, The Group's main products melamine, furfuryl alcohol and methanol have benefited significantly.
China Heart to Heart said that the above earnings forecast data is based on the preliminary evaluation of the board of directors with reference to the company's management's current available data (including the group's management accounts), has not been reviewed or audited by the auditors, and may be adjusted after further review. Therefore, the above data is only for the reference of shareholders and potential investors.
This article originated from Easy Publishing
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