Jiangyin Jianghua Microelectronics Materials Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 03:05 pm
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Jiangyin Jianghua Microelectronics Materials Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 120.139 million compared to CNY 97.828 million a year ago. Operating income was CNY 9.819 million compared to CNY 4.965 million a year ago. Net income was CNY 8.803 million compared to CNY 4.789 million a year ago. Basic earnings per share from continuing operations was CNY 0.0806 compared to CNY 0.057 a year ago.
Jiangyin Jianghua Micro-electronic Materials Co Ltd is a China-based company mainly engaged in the research and development, production and sales of wet electronic chemicals. The Company is mainly engaged in two businesses. The ultra-clean high-purity reagent business is engaged in the production and sales of ultra-clean high-purity reagents such as hydrogen peroxide, sulfuric acid, and hydrochloric acid. The photoresist supporting reagent business is engaged in the production and sales of photoresist supporting reagents such as ethyl acetate, butyl acetate, and n-butanol. The Company's products are mainly used in the cleaning, photolithography, development, etching, film removal, doping and other manufacturing processes of micro-fabrication of electronic components such as display panels, semiconductor chips, and solar cells. The Company mainly conducts its businesses in the domestic market.