March 16, 2017 / 1:41 PM / 4 months ago

BRIEF-China Xd Plastics Q4 earnings per share $0.56

1 Min Read

March 16 (Reuters) - China Xd Plastics Co Ltd:

* Specialty chemical company China Xd Plastics announces fourth quarter and fiscal year 2016 financial results

* Q4 earnings per share $0.56

* Q4 revenue rose 38.5 percent to $377.8 million

* Sees FY 2017 revenue $1.2 billion to $1.3 billion

* China Xd Plastics Co Ltd - gross margin in fiscal 2017 is expected to remain stable as compared to that of fiscal 2016

* China Xd Plastics Co Ltd-for 2017, company projects net income to range between $85.0 million to $100.0 million

* China Xd Plastics Co Ltd - in quarter, total volume shipped was 125,525 metric tons, up 30.4% yoy and an increase of 15.5% sequentially Source text for Eikon: Further company coverage:

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