Yang Huatai recently released its first nine months' performance report in 2018.
In the past nine months, the company realized 307 million - 326 million yuan of net profit, year-on-year rising by 140%-155%.
In the third quarter of 2018, the company realized 87 million to 106 million yuan of net profit, yearn-year increasing 85%-126%.
Under the pressure of Chinese environment protection, domestic rubber acid kept high profit.
In the first three quarter, NS/M/CZ average price in Northern China respectively climbed 26%, 17% and 20% up to 38,800 yuan/ton, 21,300 yuan/ton and 28,600 yuan/ton.
At the same time, operation ratio in Dongying and Yanggu factories rose obviously compared to the same period of 2017.
In the report period, there were 10.8 million yuan of non-recurring gains and losses.
