North Chemical Industries Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:22 am
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North Chemical Industries Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 540.23 million compared to CNY 528.88 million a year ago. Revenue was CNY 540.23 million compared to CNY 528.88 million a year ago. Net income was CNY 15.84 million compared to CNY 27.18 million a year ago. Basic earnings per share from continuing operations was CNY 0.0288 compared to CNY 0.0495 a year ago. Diluted earnings per share from continuing operations was CNY 0.0288 compared to CNY 0.0495 a year ago.
North Chemical Industries Co Ltd is a China-based company mainly engaged in the manufacturing and sale of chemical raw materials and chemical products. The Company operates through three businesses. The cellulose and its derivatives business includes three series, four wetting agents and more than 80 brands of nitrocellulose products. The chemical defense and environmental protection business produces activated carbon deep adsorption purification devices and environmental protection equipment mainly based on regeneration, including activated carbon and catalysts, protective equipment and environmental protection equipment. The special industrial pump business is engaged in the research and development, manufacturing, sale and service of slurry pumps and industrial pumps. The Company mainly conducts business in domestic and foreign markets.