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Jiutian Chemical Group
Broker's Calls
KGI starts Jiutian Chemical at 'outperform' with TP of 14.5 cents
KGI has assumed a full-year dividend of 0.84 cent per share for the FY2021 for Jiutian, translating to a 9% yield for the year.
May 18, 2021
Broker's Calls
Jiutian Chemical group off to 'a flying start' for FY21, says CGS-CIMB
The group's 1QFY21 earnings beat CGS-CIMB's expectations, making up 41% of its full-year estimates.
April 29, 2021
Results
Jiutian Chemical Group reports 1Q21 earnings surge of more than 30 times y-o-y to $18 mil on better demand
The group attributes the better earnings to strong demand on the back of China's continued economic recovery.
April 28, 2021
Broker's Calls
Broker's Digest: SIA, Sheng Siong, Sunpower, AusGroup, Jiutian Chemical Group
See the analysts' recommendations and target prices here.
April 16, 2021
Broker's Calls
CGS-CIMB forecasts record 1Q21 for Jiutian Chemical Group on DMF price uptrend
"We expect Jiutian to enjoy strong earnings in 1HFY2021 riding on the cyclical uptrend of MA/DMF prices," say the analysts.
April 13, 2021
Broker's Calls
Continue to 'add' Jiutian Chemical Group on higher ASP: CGS-CIMB
The asking price for dimethylformamide in Southern China was RMB10,200 a tonne, says CGS-CIMB in quoting Oilchem.net.
February 26, 2021
Results
Jiutian Chemical Group posts record FY20 net profit of $35.5 mil on surge in gross profit, other income and absence of impairment losses
As at end-December, cash and cash equivalents nearly doubled to RMB256.7 million.
February 23, 2021
Broker's Calls
CGS-CIMB starts Jiutian Chemical Group at 'add' with TP of 14.5 cents on DMF cyclical upswing
The analysts also see stronger average selling prices (ASPs) riding on favourable industry dynamics for the company.
January 18, 2021
Han and Loh cash out of Synagie; Jiutian's Lee and Alset's Chan raise respective stakes
Agate Investments pare Synagie stake; executive director Lee of Jiutian Chemical and Chan Heng Fai of Alset raise stakes.
November 20, 2020
Broker's Calls
Jiutian Chemical reacts to competitor’s closure, 3Q20 earnings over expectations: UOB
Jiutian is a producer of chemicals such as DMF and sodium hydrosulfite.
November 19, 2020