DGAP-Adhoc

Decheng Technology AG: Preliminary result 2016

DGAP-Ad-hoc: Decheng Technology AG / Key word(s): Preliminary Results Decheng Technology AG: Preliminary result 2016 24-Apr-2017 / 10:26 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. AD HOC RELEASE April 24, 2017 Decheng 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

[phone]

[e-mail]

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24-Apr-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language:	English
Company:	Decheng Technology AG
	Martin-Luther-Platz 26
	40212 Düsseldorf
	Germany
Phone:	[phone]
E-mail:	[e-mail]
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