Orient Zirconic Ind turns year-on-year losses into gains on net profit of RMB15.71million in H1 2017
2017-09-01 17:50:02 [Print]
Guangdong Orient Zirconic Ind Sci & Tech Co., Ltd. released a semi-annual report on August 29. According to the report, the company achieved RMB329 million of turnover in H1 2017, up by 18.04% YOY and the net profit attributable to shareholders of listed company realized RMB15.713 million, up by 221.8% YOY.
The company revealed that the gross margin increased due to rising zirconium prices in the improved market.
The company expected the net profit attributable to shareholders of listed company will reach RMB20-30million from January to September in 2017, with a change of 526.43% to 893.64% YOY, based on continuously improved zirconium industry and company's increasingly steady progress.
The company revealed that the gross margin increased due to rising zirconium prices in the improved market.
The company expected the net profit attributable to shareholders of listed company will reach RMB20-30million from January to September in 2017, with a change of 526.43% to 893.64% YOY, based on continuously improved zirconium industry and company's increasingly steady progress.
Fused Zirconia Zr(Hf)O2 98.5%min EXW China
Unit:RMB/mt
China fused zirconia producers' operating rate statistics by province by month
Unit: %
