Jilin Chemical Fiber Is Expected To Have A Loss Of 70-90 Million Yuan In The First Half Of 2020, And The Production And Sales Rate Of Its Products Will Drop Sharply
Jilin chemical fiber (000420) released the semi annual performance forecast for 2020: it is estimated that the loss will be 70 million yuan to 90 million yuan, and the profit will be 70.7559 million yuan in the same period of last year, which will change from profit to loss compared with the same period of last year.
According to the announcement, the performance of the current period is expected to be in deficit due to the following reasons:
Affected by the epidemic situation in this period, especially the unexpected development of foreign epidemic situation, the production and sales rate of the company's products decreased significantly.
Data show that Jilin chemical fiber is mainly engaged in the production and sales of viscose fiber, and is engaged in the production and research and development of acetic anhydride.
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