Shandong Yanggu Huatai Chemical Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 07:03 am
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Shandong Yanggu Huatai Chemical Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 855.37 million compared to CNY 601.37 million a year ago. Revenue was CNY 855.37 million compared to CNY 601.37 million a year ago. Net income was CNY 113.62 million compared to CNY 88.63 million a year ago. Basic earnings per share from continuing operations was CNY 0.3 compared to CNY 0.24 a year ago. Diluted earnings per share from continuing operations was CNY 0.3 compared to CNY 0.24 a year ago.
Shandong Yanggu Huatai Chemical Co., Ltd. is a China-based company which is principally engaged in the research, development, manufacture and distribution of rubber auxiliaries. The Company primarily provides processing agents, vulcanization agents, protective additives and plastic masterbatches, such as rubber scorching resistant agent N-(cyclohexylthio) phthalimide (CTP), which are applied in the prevention of rubber scorching in storage and processing; accelerating agent N-tert-Butyl-2-benzothiazolesulfenamide (NS), which are applied in the processing of rubber products and tires, as well as plasticizer A, which are applied in peptizing of natural rubbers and synthetic rubbers. The Company distributes its products in domestic and overseas markets.