| Business Summary | | Jilin
Chemical
Industrial
Company
Ltd.
is
a
producer
of
basic
chemicals
and
chemical
raw
materials
in
the
People's
Republic
of
China
(PRC).
It
is
also
a
producer
of
ethylene
in
the
PRC,
accounting
for
approximately
10.1%
of
China's
ethylene
production
in
1999.
The
Company's
principal
businesses
consist
of
the
production
of
petroleum
products,
petrochemical
and
organic
chemical
products,
dyestuff
and
dye
intermediates,
synthetic
rubber,
chemical
fertilizers
and
inorganic
chemical
products
and
other
chemical
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | JCC
is
a
producer
of
basic
chemicals
and
chemical
raw
materials.
Its
principal
businesses
consist
of
the
production
of
petroleum
products,
petrochemical
and
organic
chemical
products,
dyestuff,
fertilizers
and
other
chemical
products.
For
the
fiscal
year
ended
12/31/00,
revenues
rose
27%
to
RMB13.40
billion.
Net
loss
according
to
US
GAAP
totalled
RMB578.1
million
vs.
an
income
of
RMB165.6
million.
Results
reflect
higher
organic
chemical
sales
and
an
increase
in
administrative
expenses. Recent Earnings Announcement For
the
6
months
ended
06/30/2001,
revenues
were
5,984,561;
after
tax
earnings
were
-671,111. (Preliminary; reported in thousands of Renminbi.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Jiao Haikun, 53 | Chairman | Zhang Liyan, 49 | CAO,
Sec. of the Board |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|