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<Alert> China XLX Fertiliser (01866.HK) Expects 1Q Profit to Increase 41%-52%
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China XLX Fertiliser (01866.HK) issued a positive profit alert, expecting net profit attributable to shareholders for the three months ended March to range between RMB280 million and RMB300 million, representing a YoY increase of 41%-52%. Revenue from its principal business is projected to reach between RMB6.7 billion and RMB7.0 billion, up 15%-20% YoY. The earnings growth was mainly driven by simultaneous increases in both sales volume and average selling prices of its core products, lifting overall gross profit margins. (de/d) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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