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Ko Yo Chemical Announces Financial and Operational Updates

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Ko Yo Chemical Announces Financial and Operational Updates

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Ko Yo Chemical (Group) Limited ( (HK:0827) ) has issued an announcement.

Ko Yo Chemical (Group) Limited has announced updates regarding its financial strategies and operational improvements as part of its annual report. The company has been actively negotiating with banks to restructure loans, aiming for a repayment schedule of 3 to 5 years. Additionally, the company has optimized its natural gas source at the Guangan plant, reducing production costs and increasing benefits. The Dazhou plant successfully shipped its export quota of urea, boosting revenue. The company is also enhancing its sales model by increasing direct sales customers and optimizing production at its Guang’an and Jiangsu factories. These measures are expected to strengthen the company’s financial position and operational efficiency.

More about Ko Yo Chemical (Group) Limited

Ko Yo Chemical (Group) Limited is a company incorporated in the Cayman Islands, operating in the chemical industry. It focuses on producing and optimizing chemical products such as DMF, NMP, and urea, with a market focus on direct sales and export activities.

Average Trading Volume: 3,677,233

Technical Sentiment Signal: Sell

Current Market Cap: HK$198.9M

For a thorough assessment of 0827 stock, go to TipRanks’ Stock Analysis page.

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