Argus Textile Chemicals Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 08:03 pm
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Argus (Shanghai) Textile Chemicals Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 256.43 million compared to CNY 251.09 million a year ago. Revenue was CNY 256.43 million compared to CNY 251.09 million a year ago. Net income was CNY 29.2 million compared to CNY 24.57 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.15 compared to CNY 0.13 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. 
