Anshan Hifichem Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 15, 2024 at 05:52 am
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Anshan Hifichem Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 322.55 million compared to CNY 263.58 million a year ago. Revenue was CNY 322.55 million compared to CNY 263.58 million a year ago.
Net income was CNY 21.59 million compared to net loss of CNY 14.8 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to basic loss per share from continuing operations of CNY 0.04 a year ago. Diluted earnings per share from continuing operations was CNY 0.05 compared to diluted loss per share from continuing operations of CNY 0.04 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.