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Tangshan Sanyou Chemical Industries Co Ltd Announces FY 2013 Q1 to Q3 Net Profit Outlook

Wednesday, 9 Oct 2013 08:00pm EDT 

Tangshan Sanyou Chemical Industries Co Ltd announced that it expects its net profit for the first three quarters of fiscal year (FY) 2013 to increase by 230%, compared to the adjusted net profit of the same period in FY 2012 (RMB 99,941,700). The Company cited the impact of operation of new rayon stable fiber production lines and recovery of organosilicone and polyvinyl chloride (PVC) markets as the main reasons for the forecast. 

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