Luxi Chemical Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 22, 2021 at 09:21 am
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Luxi Chemical Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 17,592.454 million compared to CNY 18,206.818 million a year ago. Operating income was CNY 1,087.204 million compared to CNY 1,558.549 million a year ago. Net income was CNY 824.832 million compared to CNY 1,726.343 million a year ago. Basic earnings per share from continuing operations was CNY 0.563 compared to CNY 1.17 a year ago.
Luxi Chemical Group Co.,Ltd. is a China-based company principally engaged in the manufacture and distribution of chemicals, chemical materials and fertilizers. The Company primarily provides three categories of products, which includes nitrogenous fertilizers, compound fertilizers and chemical products. The Companyâs products mainly include caprolactam, polyol, polycarbonate, methane chloride, formic acid, chlorinated paraffin, nylon 6, benzyl chloride, silicone, urea and compound fertilizers, among others. The Company distributes its products in domestic market and to overseas markets.