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ABACHEM to make private placement for USD158.0 million

On 30 June, 2016, ABA Chemicals Corporation (ABACHEM) noted a plan to make a private placement, to issue <= 200 million shares for <=USD158.0 million. Accordingly, the sum is aimed at constructing new production lines, establishing R&D centre, developing new products, supplementing working capital and paying for bank loans.

 

ABACHEM: net profit up by 21.2% to USD9.5 million in 2015

According to the full-year financial report released by ABA Chemicals Corporation (ABACHEM or ABA Chemicals), in 2015, the company made the sales of USD97.0 million, up by 19.2% YoY, of which the net profit was up by 21.2% to USD9.5 million.

 

ABACHEM: net profit up by 21.2% to USD9.5 million in 2015

According to the full-year financial report released by ABA Chemicals Corporation (ABACHEM or ABA Chemicals), in 2015, the company made the sales of USD97.0 million, up by 19.2% YoY, of which the net profit was up by 21.2% to USD9.5 million.

 

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