Shandong Head Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 18, 2021 at 05:45 am
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Shandong Head Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,171.02 million compared to CNY 969.1 million a year ago. Revenue was CNY 1,171.02 million compared to CNY 969.1 million a year ago. Net income was CNY 276.65 million compared to CNY 199.65 million a year ago. Basic earnings per share from continuing operations was CNY 0.8175 compared to CNY 0.6306 a year ago. Diluted earnings per share from continuing operations was CNY 0.8175 compared to CNY 0.6218 a year ago.
Shandong Head Group Co Ltd, formerly Shandong Head Co Ltd, is a China-based company mainly engaged in development, manufacture and sales of water-soluble polymer. The main product of the Company is non-ionic cellulose ether. The Company also manufactures methyl cellulose (MC), hydroxyl ethyl cellulose (HEC), methyl hydroxyl ethyl cellulose (MHEC), hydroxyl propyl celiulose (HPC) and others. The Company's products are widely used in building materials, medicine, food, textiles, daily chemicals, petroleum exploration, mining, papermaking, polymerization, aerospace and other fields. The Company distributes its products in domestic market and to overseas markets.