Yanggu Huatai 's net increased 155% during Jan.- Spet.

Date: Oct 17th  2018   Copy editor: Tyrefull

Yang Huatai recently released its first nine months' performance report in 2018.

In the past nine months, the company realized 307 million - 326 million yuan of net profit, year-on-year rising by 140%-155%.

In the third quarter of 2018, the company realized 87 million to 106 million yuan of net profit, yearn-year increasing 85%-126%.

Under the pressure of Chinese environment protection, domestic rubber acid kept high profit.

In the first three quarter, NS/M/CZ average price in Northern China respectively climbed 26%, 17% and 20% up to 38,800 yuan/ton, 21,300 yuan/ton and 28,600 yuan/ton.

At the same time, operation ratio in Dongying and Yanggu factories rose obviously compared to the same period of 2017.

In the report period, there were 10.8 million yuan of non-recurring gains and losses.

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