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The growth of paint ink business is optimistic

Date:2018/05/15  Click:589 times
In the face of the oversupply in the solvent industry, the future competition may become more intense, but the coating and lubricating oil business under Yip's banner can improve the potential to fill the shortage of the former. It is worth mentioning that the paint business under the group's performance in the first half of the year is quite prominent, the turnover has reached a new history of up to 1 billion 486 million yuan, an increase of 19% over the same period, and as the traditional peak season is coming, the business of the related plate is expected to continue to grow. As for the group's ink orders, it has reached a record high in September, and the new environmental protection ink factory in Zhongshan, Guangdong, has been put into operation, which provides impetus for profit. In terms of stock price movements, if the stock price can temporarily lift the resistance level of 5.5 yuan since September 21st, the next target will shift to 6.87 yuan in May 14th.