HK's dye intermediates maker Tsaker Chemical jumps on robust earnings forecast

Tsaker New Energy Tech

22/01/2019 06:51

** Shares of Tsaker Chemical Group Ltd  1986.HK  jump as
much as 14.2 pct to HK$1.53, heading for a third straight
session of gains, after the China-based dye intermediates maker
forecast strong growth in 2018 earnings 
    ** Co expects its 2018 profit to rise at least 60 pct from a
year ago amid an increase in volume and average sales price of
its dye intermediates and as it maintains high gross profit
margin  urn:newsml:reuters.com:*:nFWN1ZL0Y8
    ** Tsaker Chemical has underperformed the Hang Seng Commerce
& Industry Index sector  .HSNC  by 75.7 percentage points in the
past one month
    ** The Hong Kong Hang Seng Commerce & Industry Index  .HSNC 
declines 2.3 pct and the benchmark index  .HSI  falls 1.2 pct

 (Reuters Messaging: donny.kwok.thomsonreuters.com@reuters.net)