Jilin Chemical Industrial Company Limited: Revision Announcement of Preliminary Results for The Period From 1 January 2005 to 30
2005年10月14日 - 11:00PM
PRニュース・ワイアー (英語)
HONG KONG and JILIN CITY, China, Oct. 14 /Xinhua-PRNewswire/ --
Jilin Chemical Industrial Company Limited (the "Company") (HKSE:
368, NYSE: JCC) may record an unaudited loss of approximately RMB
150 million for the period from 1 January to 30 September 2005. The
Company is one of the largest producers of basic chemical and
chemical raw materials, and one of the largest diversified chemical
enterprises in the PRC. Its primary business comprises the
production of petroleum products, petrochemical and organic
chemical products, synthetic rubber, chemical fertilizers and other
chemical products. Forward-looking Statements: This press release
contains statements of a forward-looking nature. These statements
are made under the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995. You can identify these
forward- looking statements by terminology such as "will,"
"expects," "anticipates," "future," "intends," "plans," "believes,"
"estimates", "shall" and similar statements. The accuracy of these
statements may be impacted by a number of business risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated, including risks related to:
the risk that the PRC economy may not grow at the same rate in
future periods as it has in the last several years, or at all,
including as a result of the PRC government's macro-economic
control measures to curb over-heating; uncertainty as to global
economic growth in future periods; the risk that prices of the
Company's raw materials, particularly crude oil, will continue to
increase; not be able to raise its prices accordingly which would
adversely affect the Company's profitability; the risk that new
marketing and sales strategies and improvements to various
management systems may not be effective; the risk that the Company
may not be able to improve its safety or archive its often
objectives for 2005; the risk that fluctuations in demand for the
Company's products may cause the Company to either over-invest or
under-invest in production capacity in its major production
categories; the risk that investments in new technologies and
development cycles may not produce the benefits anticipated by
management; the risk that the trading price of the Company's shares
may decrease for a variety of reasons, some of which may be beyond
the control of management; competition in the Company's existing
and potential markets; and other risks outlined in the Company's
filings with the U.S. Securities and Exchange Commission. The
Company does not undertake any obligation to update this
forward-looking information, except as required under applicable
law. For further information, please contact: Jilin Chemical
Industrial Company Limited Tel: (86) 432-390 3651 Mr. Li Chunqing
Fax: (86) 432-302 8126 E-mail: Fortune China Public Relations Ltd.
Tel: (852) 2838 1162 Ms. Nellie Chan Fax: (852) 2834 5109 E-mail:
DATASOURCE: Jilin Chemical Industrial Company Limited CONTACT: Mr.
Li Chunqing of Jilin Chemical Industrial Company Limited,
+86-432-390 3651, Fax: +86-432-302 8126, ; or Ms. Nellie Chan of
Fortune China Public Relations Ltd., +852-2838-1162, Fax:
+852-2834-5109, Web site: http://www.jcic.com.cn/
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