Sichuan Nitrocell Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 18, 2019 at 08:14 am
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Sichuan Nitrocell Co.,Ltd announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,751.526 million compared to CNY 1,530.696 million a year ago. Operating income was CNY 116.122 million compared to CNY 85.655 million a year ago. Net income was CNY 108.176 million compared to CNY 75.069 million a year ago. Basic earnings per share from continuing operations was CNY 0.197 compared to CNY 0.1367 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.