CGS-CIMB Research analysts Ong Kang Chuen and Kenneth Tan have continued to maintain their “buy” call and target price of 14 cents on Jiutian Chemical as prices of dimethylformamide (DMF), a solvent that Jiutian produces, continue their climb. Ong and Tan note that according to 100ppi.com, DMF p...

JIUTIAN Chemical Group clocked a record half-yearly net profit of 160.3 million yuan (S$33.6 million), up 3.5 times from the 35.4 million yuan posted for the year-ago period.

KGI Research analyst Joel Ng has initiated “outperform” on China-based chemical company, Jiutian Chemical, with a target price of 14.5 cents. The target price, says Ng, is based on 7 times price-to-earnings (P/E) to its FY2022 earnings per share (EPS) of RMB10.3 cents. The company made a turnaro...

JIUTIAN Chemical is declaring an interim dividend of 0.35 Singapore cent per ordinary share, the first time since FY2008 that it is declaring an interim dividend.

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No This is much higher than...

Jiutian Chemical Group’s 1QFY2021 ended March earnings of RMB90.3 million ($18.5 million) beat CGS-CIMB Research’s expectations, making up 41% of its full-year estimates. The earnings, which increased 31-fold y-o-y, were driven by higher-than-expected average selling prices (ASP) for both its di...

SHARES of Jiutian Chemical Group gained as much as 4 per cent on Thursday, after the chemical producer reported stellar profits on Wednesday.

JIUTIAN Chemical Group has posted a net profit of 90.31 million yuan (S$18.48 million) for its first quarter ended March 31, more than 30 times that of its net profit of 2.87 million yuan in the corresponding period in the preceding year.

Jiutian Chemical Group recorded earnings for the 1QFY2021 ended March of RMB90.31 million ($18.46 million), 31.5 times greater than its 1QFY2020 earnings of RMB2.87 million. The group’s revenue for the period grew 120% y-o-y to RMB439.25 million from RMB199.39 million previously. In its 1QFY2021 u...

As dimethylformamide (DMF) prices continue on a strong uptrend year-to-date (y-t-d), CGS-CIMB Research analysts Ong Khang Chuen and Kenneth Tan estimate that Jiutian Chemical Group will post a “record quarter” in 1QFY2021. More specifically, Ong and Tan forecast that Jiutian’s core net profit ...