North Chemical Industries Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 25, 2020 at 07:52 am
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North Chemical Industries Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 990.111 million compared to CNY 1,116.236 million a year ago. Operating income was CNY 38.882 million compared to CNY 81.313 million a year ago. Net income was CNY 31.605 million compared to CNY 73.233 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.13 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.