Jiangsu Yida Chemical Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 22, 2021 at 04:22 am
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Jiangsu Yida Chemical Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,004.159 million compared to CNY 954.417 million a year ago. Operating loss was CNY 6.684 million compared to operating Income of CNY 3.511 million a year ago. Net loss was CNY 3.881 million compared to net income of CNY 6.553 million a year ago. Basic loss per share from continuing operations was CNY 0.0499 compared to basic earnings per share from continuing operations of CNY 0.0818 a year ago.
Jiang Su Yida Chemical Co Ltd is a China-based company principally engaged in research, development, production and sales of alcohol ether and alcohol ether ester organic chemical products. The Company's main products include propylene glycol ether and propylene glycol ether ester products, as well as glycol ether and glycol ether ester products. The Company distributes its products under the brand name, Yida. The Company's products are used in coatings, inks, electronics, copper clad laminates, automotive brake fluids, pesticides, pharmaceuticals, printing, cleaning agents and consumer chemicals.