Hubei Forbon Technology Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 16, 2020 at 04:30 am
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Hubei Forbon Technology Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 517.402 million compared to CNY 497.053 million a year ago. Operating income was CNY 84.100 million compared to CNY 74.977 million a year ago. Net income was CNY 75.583 million compared to CNY 69.134 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.2392 a year ago.
Hubei Forbon Technology Co.,Ltd is a China-based company principally engaged in the provision of fertilizer additives products, the complete technical services and the overall solution of automatic control systems of refined additives. The Company's main products are fertilizer additives, including anti-caking agents, multi-purpose package agents, granulation improver, phosphate rock flotation agents, sustained release materials and other energy saving additives. The Company distributes its products in domestic market and to overseas markets.