Limited industry supply is elevating prices for Jiutian Chemical Group’s products, and the squeeze could benefit the company well into next year, says UOB Kay Hian Research analyst Clement Ho.In a May 11 note, Ho is maintaining “buy” on Jiutian with a higher target price of 18 cents from 16.8 ...

CGS-CIMB raised its target price on Jiutian Chemical Group to S$0.17 from S$0.09, after hiking its earnings per share (EPS) estimates for the chemical company by 7.4 per cent to 41.9 per cent for FY2022 to FY2024.

SINGAPORE stocks rose in early trade on Thursday (May 5) tracking overnight gains on Wall Street after the <a href="/government-economy/us-feds-half-point-hike-biggest-since-2000-powell-signals-more-to-come-in" target="_blank">US Federal Reserve announced a half-poi...

That said, there is no new capacity in the foreseeable future without any follow-ups by the Chinese government as environmental concerns remain at the forefront of policies.“We continue to maintain our view that any significant new increase in DMF supply will be capped, and this will support price...

UOB Kay Hian’s analyst Adrian Loh as well as the Singapore research team has maintained their earnings per share (EPS) estimates for the FY2022 on all of the constituents in the Straits Times Index (STI) that are under their coverage.The team has given “buy” calls to all the counters, which in...

Jiutian Chemical Group has guided that it will see a “significant increase” on a y-o-y basis in its net profit after tax in the FY2021 ended December. The growth is mainly due to the increase in both average selling price (ASP) and sales volume of the company’s main products. During the year...

JIUTIAN Chemical Group is expecting to report a "significant increase" in consolidated net profit after tax for the full year ended Dec 31, 2021, due to higher average selling price and sales volume of their main products.

THE following companies saw new developments that may affect trading of their securities on Monday (Feb 7):

Ahead of its full-year results in February, Jiutian Chemical Group may report a “blowout quarter”, say CGS-CIMB Research analysts Kenneth Tan and Ong Khang Chuen. “We believe 4QFY2021F was the strongest quarter in Jiutian’s operating history, on the back of stronger profit spread from higher...

CATALIST-listed Jiutian Chemical Group C8R posted a 10 per cent rise in net profit to RMB56.9 million (S$12 million) for its third quarter ended Sep 30, up from RMB51.9 million a year ago.