Cangzhou Dahua Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 23, 2020 at 06:15 am EDT
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Cangzhou Dahua Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 2,105.568 million compared to CNY 4,431.727 million a year ago. Operating loss was CNY 4.198 million compared to operating Income of CNY 1,363.446 million a year ago. Net income was CNY 45.842 million compared to CNY 990.948 million a year ago. Basic earnings per share from continuing operations was CNY 0.1113 compared to CNY 2.406 a year ago.
CANGZHOU DAHUA CO., LTD. is a China-based company mainly engaged in the production and sales of chemicals. The Company's primary products include toluene diisocyanate (TDI), urea and ion-exchange membrane caustic soda, among others. The TDI is mainly used in the manufacture of polyurethane foams, elastomers, coatings, adhesives, among others. Urea is mainly used in the agricultural fertilizers, melamine, resins, plastics and pharmaceutical industries. The Company mainly distributes its products in domestic and overseas markets.
CANGZHOU DAHUA CO., LTD. 
