Sichuan Nitrocell Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2019
August 22, 2019 at 04:30 pm
Share
Sichuan Nitrocell Co.,Ltd announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 1,116.236 million compared to CNY 1,004.277 million a year ago. Operating income was CNY 81.313 million compared to CNY 68.430 million a year ago. Net income was CNY 73.233 million compared to CNY 61.020 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.11 a year ago.
Sichuan Nitrocell Corp, formerly North Chemical Industries Co Ltd, is a China-based company principally engaged in the manufacturing and sales of chemical raw materials and chemical products. The Company's main business includes the manufacturing and sales of cellulose derivatives such as nitrocellulose, nitrocellulose color chips and nitrocellulose solution, the sales of hazardous chemicals and chemical products, the import and export of chemicals, as well as the manufacture, sales and maintenance of industrial pumps, valves and spare parts. The Company principally operates its businesses in the domestic market.