Brief: Ko Yo Chemical Group Posts FY Profit Attributable Of RMB379 Million

Ko Yo Chemical (Group)

30/03/2022 13:26

March 30 (Reuters) - Ko Yo Chemical Group Ltd  0827.HK :
    * FY PROFIT ATTRIBUTABLE RMB379 MILLION VERSUS LOSS OF
RMB242
MILLION
    * FY SALE TURNOVER WAS ABOUT RMB3,067 MILLION INCREASE OF
ABOUT
45.3%
    * SEES PITHEAD PRICE WILL REMAIN DOWNWARD AFTER WINTER,
WHICH WILL
WEAKEN COST SUPPORT OF UREA IN 2022
    * IN H1, DOMESTIC SUPPLY GUARANTEE POLICY OF CHEMICAL
FERTILISERS
MAY CONTRIBUTE TO SUFFICIENT SUPPLY OF UREA
    * COMPOUND FERTILISERS PRICE IS EXPECTED TO REMAIN VOLATILE
IN H1

Further company coverage:  0827.HK 

 ((Reuters.Briefs@thomsonreuters.com;))