Shandong Rike Chemical Co.,LTD. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 07:40 am
Share
Shandong Rike Chemical Co.,LTD. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 735.57 million compared to CNY 577.96 million a year ago. Revenue was CNY 735.57 million compared to CNY 577.96 million a year ago. Net income was CNY 80.94 million compared to CNY 38.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.17 compared to CNY 0.09 a year ago. Diluted earnings per share from continuing operations was CNY 0.17 compared to CNY 0.09 a year ago.
Shandong Rike Chemical Co.,LTD. is a China-based company principally engaged in the research, development, production and sale of polyvinyl chloride (PVC) plastic modifier products. The Company's main products include Acrylic Additives (ACR) Impact Modifier, Acrylic chlorinated polyethylene Modifier (ACM) Low Temperature Toughening Agent and Acrylic-Methyl Methacrylate-Butadiene (AMB) Impact Modifier. The Company's products are mainly used in various kinds of plastic profiles, pipes, plates, profiles and foam materials. The Company distributes its products in domestic market and to overseas markets.
SHANDONG RIKE CHEMICAL CO.,LTD. 
