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China Sunsine Chemical Holdings sees 'overall improvement' in 1Q21; expects 'relatively weaker demand' in months ahead

Felicia Tan
Felicia Tan • 2 min read
China Sunsine Chemical Holdings sees 'overall improvement' in 1Q21; expects 'relatively weaker demand' in months ahead
The group recorded sales revenue of RMB840 million ($171.7 million), 66% higher y-o-y.
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China Sunsine Chemical Holdings says it has seen an “overall improvement” y-o-y in the 1QFY2021 as it recorded sales revenue of RMB840 million ($171.7 million), 66% higher y-o-y.

Gross profit margin (GPM) reached 31.6%.

Net profit surged 274% y-o-y to RMB125 million.

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