Quecheng Silicon Chemical 2017 revenue surges 33%

Time: Mar 30th   2018   Copy editor: Tyrefull

Quecheng Silicon Chemical Co., Ltd. has released the financial results for 2017. Its operating revenue totaled 1.07 billion yuan, up 32.74%, and the net profit was 190 million yuan, up 1.57%.

The chemical company overcame negative impacts induced by raw material hike and RMB appreciation against USD in 2017, and had both the sales volume and sales income increased.

As of end-2017, the firm’s total asset was 1.65 billion yuan, up 29.66%.

Currently, the company is seeking get listed in the A-share market. It signed an investment agreement in Jan. and planed to establish a white carbon black plant in France.

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