Jiutian Chemical Group

Broker's Calls

Jiutian Chemical reacts to competitor’s closure, 3Q20 earnings over expectations: UOB

Jiutian is a producer of chemicals such as DMF and sodium hydrosulfite.
Jiutian Chemical Group reports surge in 3Q earnings of $10.5 mil due to stronger demand - THE EDGE SINGAPORE

Results

Jiutian Chemical Group reports surge in 3Q earnings of $10.5 mil due to stronger demand

Shares in Jiutian closed 0.1 cent higher or 0.9% up at 11.5 cents on Nov 11.
Jiutian Chemical seeks to raise $10.3 mil in proposed placement of 170 mil new shares - THE EDGE SINGAPORE

Equity raising

Jiutian Chemical seeks to raise $10.3 mil in proposed placement of 170 mil new shares

Under the terms of the agreement, Jiutian Chemical will issue up to 170 million new ordinary shares at 6.03 cents per share.

Broker's Calls

Jiutian Chemical Group is 'good trading opportunity' after turnaround in 2Q20: KGI Securities

KGI Securities views Jiutian Chemical Group as an “excellent short term trading opportunity” after it reported a RMB32.6 million ($6.4 million) profit in 2Q20, a turnaround from the RMB 7 million loss in 2Q19.
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