Anshan Hifichem Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 25, 2023 at 06:25 am
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Anshan Hifichem Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 263.58 million compared to CNY 323.19 million a year ago. Revenue was CNY 263.58 million compared to CNY 323.19 million a year ago.
Net loss was CNY 14.8 million compared to net income of CNY 24.65 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to basic earnings per share from continuing operations of CNY 0.06 a year ago. Diluted loss per share from continuing operations was CNY 0.04 compared to diluted earnings per share from continuing operations of CNY 0.06 a year ago.
Anshan Hifichem Co., Ltd. is a China-based company mainly engaged in research and development, production and sales of high performance organic pigments. The Company's products mainly include high-performance organic pigment series, solvent dye series, intermediate series products and others. These products are mainly used in coatings, plastics and ink areas. The Company mainly conducts its businesses in domestic market.