Argus Shanghai Textile Chemicals Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 04:11 am
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Argus Shanghai Textile Chemicals Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 371.924 million compared to CNY 539.541 million a year ago. Operating income was CNY 40.541 million compared to CNY 97.722 million a year ago. Net income was CNY 35.147 million compared to CNY 82.492 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to CNY 0.43 a year ago.
Argus Shanghai Textile Chemicals Co Ltd is a China-based company mainly engaged in the research, development, production and sales of dyes and textile auxiliaries. The Company mainly provides dyeing and finishing overall solutions with diversified products, dyeing and finishing and color digital application technology services for printing and dyeing companies and clothing fabric companies. The Company's products include dye products and textile auxiliaries. The dye products mainly include reactive dyes for cellulose, reactive dyes and acid dyes for wool, acid dyes for nylon, disperse dyes for polyester, among others. The textile auxiliary products include pre-treatment, dyeing, printing auxiliaries, functional finishing agents, silicone and wool spinning auxiliaries. The Company's products are used in the dyeing, printing and functional finishing of cellulose fibers, protein fibers, polyamide fibers and polyester fibers.
ARGUS (SHANGHAI) TEXTILE CHEMICALS CO.,LTD. 
