Wednesday, 14 May 2008

Changtian Q1 2008 Results

CHANGTIAN’S FIRST QUARTER NET PROFIT RISES 30.2% TO RMB57.2
MILLION
 Revenue up 8.2% to RMB163.2 million, due mainly to higher sales of release papers and specialty chemical 2-A2MPS
 Maintains gross profit margin at approx 37.0%
 Progressive capacity expansion in the second half of the year to drive growth in FY2008 and FY2009

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