Jiangsu Yoke Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 23, 2019 at 01:24 pm
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Jiangsu Yoke Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 415.656 million compared to CNY 308.145 million a year ago. Operating income was CNY 53.183 million compared to CNY 20.259 million a year ago. Net income was CNY 41.300 million compared to CNY 17.150 million a year ago. Basic earnings per share from continuing operations was CNY 0.0892 compared to CNY 0.0499 a year ago. Sales was CNY 1,161.165 million compared to CNY 559.120 million a year ago. Operating income was CNY 132.838 million compared to CNY 56.050 million a year ago. Net income was CNY 99.800 million compared to CNY 44.610 million a year ago. Basic earnings per share from continuing operations was CNY 0.2348 compared to CNY 0.105 a year ago.
Jiangsu Yoke Technology Co., Ltd is a China-based company principally engaged in the research, development, production and sale of organic phosphate flame retardants and other rubber and plastic aids. The Companyâs main products portfolio consists of flame retardants for engineering products, flame retardants for polyurethane and others. The Company's flame retardants are mainly applied in chemical materials, carpets, raincoats, textile products and rubber products. The Company also provides tin salts, silicon oil and amine products, silicone surfactant for polyurethane, as well as catalysts for polyurethane and others. The Company distributes its products in domestic markets and to overseas markets.