China XLX Fertiliser (01866) said it expects consolidated profit of the Group for the six months ended 30 June 2015 to increase significantly by about 260% to 290% as compared to that for the same period in 2014.
The reasons for such expected growth are the increased proportion in sales of high efficiency fertilisers enhanced the profitability and competitiveness of the fertiliser products of the Group; the Group's newly commissioned Plant IV has, through the adoption of the most advanced coal gasification technology in the industry, further improved the cost efficiencies of the Group by its outstanding operational performance; and the increase in the average selling prices of urea, a main product of China XLX Fertiliser, and the decline in cost of coal, a main raw material, compared to the same period in 2014.
Its interim results announcement is expected to be released by end of July.
全新節目《說說心理話》青少年不可以戀愛！？真實個案講述驚心動魄經歷► 即睇
