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China Sunsine Chemical Holdings
Results
China Sunsine reports 35% drop in 2Q earnings to $30.6 mil on lower ASP
SINGAPORE (Aug 6): China Sunsine Chemical Holdings, the specialty rubber chemicals producer, reported 2Q19 earnings of RMB155.8 million ($30.6 million), down 35% from RMB239.7 million a year ago in 2Q18.
August 06, 2019
Tong's Portfolio
Global Portfolio outperforms MSCI index and has positive absolute returns
SINGAPORE (May 20): The tide appears to have shifted once again for global stock markets. After fanning hopes of an imminent breakthrough on a trade deal for months, US President Donald Trump escalated tensions with a trademark tweet a couple of weekends
May 20, 2019
Results
China Sunsine's 1Q earnings fall 26% to $22.3 mil in tandem with lower raw material prices
SINGAPORE (April 29): China Sunsine Chemical Holdings announced a 26% y-o-y decrease in 1Q earnings to RMB110.2 million ($22.3 million) from RMB149.5 million a year ago, due to lower revenue as a result of reduced average selling price (ASP) for rubber ch
April 29, 2019
Investing strategies
Why we sell the stocks even if we still like the companies
SINGAPORE (Apr 22): Let me start by wishing our Christian readers a blessed Easter.
April 22, 2019
Broker's Calls
China Sunsine scaling up manufacturing to ride soaring tyre demand: Maybank
SINGAPORE (Apr 16): Maybank Kim Eng says China Sunsine is scaling up manufacturing capacities of its rubber chemicals plants in China to ride on global soaring tyre demand.
April 16, 2019
M&A
China Sunsine to acquire land in Shandong for $505 mil investment project
SINGAPORE (Mar 13): China Sunsine Chemical Holdings says its subsidiary, Shandong Sunsine, has agreed to invest up to RMB2.5 billion ($505 million) on a piece of land in Shanxian county, Shandong, to further expand its capacities in rubber chemical produ
March 13, 2019
Results
China Sunsine posts 18% decline in 4Q earnings to $21.9 mil on lower revenue
SINGAPORE (Feb 28): China Sunsine Chemical Holdings has announced earnings of RMB 108.6 million ($21.9 million) for the 4Q18 ended December, 18% lower than RMB 132.0 million a year ago.
February 28, 2019
Investing in late-cycle earnings growth
SINGAPORE (Feb 25): Positive news flow on the ongoing US-China trade talks continued to buoy sentiment for global stocks over the past week. Following reported progress after days of negotiations in Beijing, further discussions have resumed in the US. Cle
February 22, 2019
Of Big Tech and S-curves
SINGAPORE (Nov 19): US stocks rebounded higher at the start of the month, on the heels of the steep selloff in October, where the Dow Jones Industrial Average and Standard & Poor’s 500 index fell 5.1% and 6.9% respectively. The reprieve was short-lived
November 16, 2018
Results
China Sunsine posts 85% rise in 3Q earnings to $28.6 mil on higher revenue, profit margin
SINGAPORE (Nov 6): Specialty rubber chemicals producer and rubber accelerators supplier China Sunsine Chemical Holdings saw its earnings jump 85% to RMB 143.4 million ($28.6 million) for the 3Q18 ended September, from RMB 77.6 million a year ago.
November 06, 2018