Argus Shanghai Textile Chemicals Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 03:49 am
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Argus Shanghai Textile Chemicals Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 587.394 million compared to CNY 758.939 million a year ago. Operating income was CNY 60.774 million compared to CNY 130.165 million a year ago. Net income was CNY 51.383 million compared to CNY 108.590 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to CNY 0.57 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. 
