Brief: Dongguang Chemical Posts FY Profit Attributable Of RMB161.6 Mln

Dongguang Chemical

24/03/2020 15:10

March 24 (Reuters) - Dongguang Chemical Ltd  1702.HK :
    * FY REVENUE RMB2.12 BILLION VERSUS RMB2.29 BILLION
    * RECOMMENDED A FINAL DIVIDEND OF HK6 CENTS PER ORDINARY
SHARE
    * FY PROFIT ATTRIBUTABLE RMB161.6 MILLION VS RMB99.7 MILLION
    * GROUP'S SUBSIDIARY IN PRC HAS MAINTAINED A NORMAL
PRODUCTION
DURING COVID-19 EPIDEMIC
    * SINCE MID-FEBRUARY SHIPMENTS HAVE INCREASED, AND PRODUCT
PRICE
HAS QUICKLY RECOVERED
    * PRODUCT TRANSPORTATION SUSTAINED CONSIDERABLE DELAY &
SHUTDOWN
OF FREIGHT AND SOME DOWNSTREAM COS DUE TO COVID-19 EPIDEMIC

Source text for Eikon:  urn:newsml:reuters.com:*:nHKSbHlsYM
Further company coverage:  1702.HK 

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