Luxi Chemical Group Co.,Ltd. posts that it gained CNY 2.6 billion operating incomes in the first quarter this year, falling by 10.27 percent year on year. It made CNY 137 million net profits, rising by 51.26 percent year on year.
A 250,000-ton butanol and octanol project put into production in March has been another significant profit-making source. A caprolactam project with an investment of CNY 2.5 billion will come into operation at August end and it is predicted to make CNY 4 billion incomes.
Source:
http://www.sinocast.com/readbeatarticle.do?id=92575
