Jiutian Chemical Group

Jiutian Chemical issues profit warning, expects net loss for FY2023 - THE EDGE SINGAPORE

Results

Jiutian Chemical issues profit warning, expects net loss for FY2023

Jiutian has not announced when it will release its FY2023 results, but its Board says it will do so no later than Feb 29.
Jiutian Chemical up on RMB1.6 billion ammonia investment plan - THE EDGE SINGAPORE

Company in the news

Jiutian Chemical up on RMB1.6 billion ammonia investment plan

The counter is up around a fifth and is the second most heavily traded
Jiutian Chemical plans RMB1.6 billion investment to diversify into synthetic ammonia - THE EDGE SINGAPORE

Company in the news

Jiutian Chemical plans RMB1.6 billion investment to diversify into synthetic ammonia

By making its own synthetic ammonia, Jiutian is aiming for better efficiencies to give it an advantage in cost and quality
Jiutian Chemical records loss of RMB68.6 mil loss for 3QFY2023 - THE EDGE SINGAPORE

Results

Jiutian Chemical records RMB68.6 mil loss for 3QFY2023

Jiutian Chemical’s main products have continued to decrease in both sales volume and average selling prices since 4QFY2022.

Results

Jiutian Chemical posts RMB162 mil loss for 1HFY2023, ending three years of profits

Compared to earnings per share of 19.39 RMB cents this time last year, 1HFY2023 loss per share is 8.16 RMB cents.

Results

Jiutian expecting to report net loss for 1HFY2023

The group anticipated a challenging business environment in the first quarter, and will release its 1HFY2023 report around Aug 14.

Broker's Calls

Jiutian's 'strong' 2QFY2022 results earn 87.5% upside TP from CGS-CIMB

2QFY2022 net profit of RMB184 million ($37.49 million) was up 163% y-o-y.

Broker's Calls

Jiutian to benefit from elevated prices, set to last till 2023: analysts

“Even if the Chinese government approves new supply, it would still require a minimum of nine to 12 months for trials.”

Broker's Calls

'Widening profitability', 'stark improvement' make Jiutian Chemical a 'buy': UOBKH

"We expect 1QFY2022 financials to reflect a significant scale-up in gross margin and operating leverage."

Results

Jiutian to report 'significant increase' in net profit after tax in FY2021

The company’s results will be released around Feb 28.
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