Decheng Technology AG, DE000A1YDDM9

Decheng Technology AG, DE000A1YDDM9

24.04.2017 - 10:29:54

Decheng Technology AG: Preliminary result 2016

AD HOC RELEASE April 24, 2017Decheng Technology AG: Preliminary result 2016

Cologne, April 24, 2017. Decheng Technology AG (ISIN: DE000A1YDDM9; German Securities Identification Number (WKN): A1YDDM; ticker symbol: 333), a Chinese manufacturer of polyurethane resin and additives, today announced the preliminary result for fiscal year 2016 (January 1 to December 31).

Increase in revenues, gross profit and EBIT The Group revenues in fiscal year 2016 amounted to EUR 75.8 million, corresponding to an increase of 8.7% as compared to 2015 (EUR 69.8 million). The gross profit in the period under review rose to EUR 28.8 million, corresponding to an increase of 7.9% as compared to the previous year. The result from operations (EBIT) also showed an increase and rose by 4.7% to EUR 25.4 million (previous year EUR 24.3 million).

The Company's complete annual financial statement will be presented at a press conference on April 28, 2017.

Contact: VPC Group Frankfurt Branch Bleichstr. 64-66 60313 Frankfurt Germany +49 69 175371963 ir@dechengtechnology.com

24-Apr-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English

Company: Decheng Technology AG Martin-Luther-Platz 26 40212 Düsseldorf

Germany Phone: +49 (0)211-78179033 E-mail: contact@dechengtechnology.com Internet: www.dechengtechnology.com ISIN: DE000A1YDDM9 WKN: A1YDDM Listed: Regulated Market in Frankfurt (General Standard)   End of Announcement DGAP News Service

566533  24-Apr-2017 CET/CEST

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