Longxing Chemical posts growth in 2017
2018-3-2 16:17:22Editor：AmandaFont Size：Big Medium Small
On Feb.27, Longxing Chemical released its 2017 annual report summary.
The company posted 2.704 billion yuan of operation revenue year-on-year rising by 46.68%. At the same time, the company realized 111 million yuan of operating profit, yearly surging 249.65%, and 86,660,000 yuan of net profit,yearly raising 181.2%.
Longxing Chemical said tire market kept high demand in 2017, which led high operation ratio in tire industry, helping carbon black's demand rising.
Besides, benefiting from high green environment protection, carbon black market's order got better, which helped Longxing Chemical's production price rising.
Tireworld
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