Data:2009-12-12 2:34
Category: Money tips Release Date: 2006-10-26
The first set of relying on coal gasification technology, the company has formed a typical "stretch Tertiary Industry" chemical business structure, comprehensive costs are significantly better than peers. In 2007, the company's urea operations in the original 600,000 tons / year based on the extra 40 million ton / year plant will reflect the results, "8 to change 15" DMF project also reflects the effectiveness of mid-2007. In 2008, a 20 million ton / year acetic acid project of coal is expected to put into operation the first, while the expansion's new 8-million ton / year DMF operations will also become a new profit growth point. As can be seen, the company relies on coal-chemical technology with a sustained performance of growth momentum.
Investment analyst with CITIC Construction Zhao Xian-Bing ,06-08, the company expects net profit growth of 44%, respectively, 46% and 52%. 06-07, the company earnings per share is expected to be raised to 0.76 and 1.12 yuan, should be a corresponding increase in stock target price to 20.68 yuan, to continue to maintain a "buy" investment rating.
