Gold Road group materials first-quarter losses due to insufficient supply of raw materials

Source: Internet
Author: User
Keywords Materials
The company is expected to lose 12 million to 18 million yuan in the first quarter of 2011, at a loss of 0.0197 to 0.0295 yuan per share, according to a Wednesday evening announcement by Jin Lu group.  In the same period last year, the company achieved net profit of 9.3174 million yuan, earnings per share of 0.0153 yuan.  The company said that the reporting period by the main raw material calcium carbide supply constraints, the production device driving rate has not reached full load, leading products PVC resin production and sales volume decreased year-on-year, combined with high raw material costs, leading to the company's profitability decline. Gold Road group Wednesday closed to 8.22 yuan, down 2.14%.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.