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PR Newswire
07-08-2012, 12:57 PM
2Q profit would have been RMB 20.5m if not for the RMB 9.3m one-off charge relating to the trial production of 6PPD, which has high entry barriers
Even though the entry barriers of rubber accelerators are low, the company has been successful in adding new capacities and gaining market share at the expense of its rivals.
Full commercial production of 6PPD in the near future should result in a quantum leap in profit.
Even though the entry barriers of rubber accelerators are low, the company has been successful in adding new capacities and gaining market share at the expense of its rivals.
Full commercial production of 6PPD in the near future should result in a quantum leap in profit.