Yantai Q3 Results

MDI Takes Up 80% of Wanhua’s Total Profit in Q3 From: PUWORLD独家发布 /  11/5/2012 5:28:20 PM    As Q3 financial report of Tantai Wanhua shows, although there are still inventories valuing Rmb 1.53 bn, achievements this year will go beyond expectation. Gross profit reached the highest of recent years. PMDI increased by 11.51% compared to last year and by 2.65% increased by previous month while that of MMDI increased by 10.32% and 3.32% respectively. Q3 revenue reached Rmb 4.26 bn, increased by 17.3% compared to last year and 9.8% to previous month. That is to say, MDI takes up 75% of total revenue and 80% of total profit. By end of 2014, MDI capacity in Yantai Bajiao industrial park will reach 600 ktpa and overall capacity will added up to 1800 ktpa.   http://en.puworld.com/news_article-394656275.html