Danhua Chemical Technology Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 05:59 am
Share
Danhua Chemical Technology Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 606.153 million compared to CNY 670.884 million a year ago. Operating loss was CNY 288.271 million compared to CNY 282.913 million a year ago. Net loss was CNY 226.530 million compared to CNY 224.715 million a year ago. Basic loss per share from continuing operations was CNY 0.2228 compared to CNY 0.2211 a year ago.
Danhua Chemical Technology Co Ltd is a China-based company principally engaged in the manufacture and distribution of chemical products. The Company's products portfolio consists of ethylene glycol, oxalic acid, as well as catalytic agents. The Company's products are mainly applied in the downstream fields such as polyester, pharmaceuticals and rare earths. In addition, the Company involves in the manufacture of copper palladium powder alloy, activated carbon and others. The Company distributes its products within domestic market and to overseas markets, with domestic market as its main market.