- Excluding a one-off RMB36m refund for over-payment of FY21 tax expenses, China Sunsine Chemical (SGX:QES)’s 1H22 core net profit came in at RMB391m (+48% y-o-y), a record high and accounted for 87% of our previous full-year forecast.
- - Read this at SGinvestors.io -
- China Sunsine Chemical declared a special interim dividend of S$0.005 per share in celebration of the 15th anniversary of its IPO.
- - Read this at SGinvestors.io -
- However, we expect China Sunsine Chemical’s sales volume could trend weaker in 2H22F, in view of
- Read more at SGinvestors.io.
China Sunsine Chemical - A Record Half Despite A Challenging Backdrop
CHINA SUNSINE CHEM HLDGS LTD (SGX:QES)
Above is the excerpt from research report by CGS-CIMB.
Clients of CGS-CIMB may access the full report in PDF @ https://www.itradecimb.com.sg/.
ONG Khang Chuen CFA CGS-CIMB Research | https://www.cgs-cimb.com 2022-08-15
Read also CGS-CIMB's most recent report:
2023-11-16 China Sunsine Chemical - Record High Sales Volumes In 3Q23 But Hit By Weaker Margins.
Previous report by CGS-CIMB:
2023-09-21 China Sunsine Chemical - Strong ASPs Could Point To A Better 2H23.
Price targets by other brokers at China Sunsine Target Prices.
Listing of research reports at China Sunsine Analyst Reports.
Relevant links:
China Sunsine Share Price History,
China Sunsine Announcements,
China Sunsine Dividend Payout Dates & Corporate Actions,
China Sunsine News
