Shandong Polymer Biochemicals Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 04:06 am
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Shandong Polymer Biochemicals Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 128.605 million compared to CNY 131.616 million a year ago. Operating income was CNY 5.181 million compared to CNY 3.510 million a year ago. Net income was CNY 5.181 million compared to CNY 3.510 million a year ago. Basic earnings per share from continuing operations was CNY 0.0085 compared to CNY 0.0057 a year ago.
Shandong Polymer Bio-chemicals Co., Ltd. is a China-based company principally engaged in the businesses of energy and environmental protection. The Company operates through three main segments. The Chemical Products segment is mainly engaged in the production and sales of polyacrylamide and related chemicals for tertiary recovery and water treatment. The Oil and Gas Exploration and Development and Technical Services segment is mainly engaged in the exploration and development of oil and gas, as well as the provision of technical services, including comprehensive completed wells and oil and gas field production comprehensive management and others. The Environmental Water Treatment segment is mainly involved in the treatment of petroleum and petrochemical waste water, oil and sand, drilling fluid, fracturing fluid and others.
SHANDONG POLYMER BIOCHEMICALS CO., LTD. 