Asia
Yip's Chemical Forecasts 110% or More Rise in H1 Profit
Yip's Chemical (HKG:0408) expects a rise of at least 110% in net profit for the six months ended June 30 from HK$66 million a year prior, according to a Monday Hong Kong bourse filing.The chemical manufacturer attributed the forecast to a higher profit from its solvents associate business, a rise in sales revenue and tonnage of the inks business, and the consolidation of financial results of Beijing Sino-Hypro Petrochemical Tech.
HKG:0408
