Cangzhou Dahua Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 28, 2019 at 03:50 pm EDT
Share
Cangzhou Dahua Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 1,099.004 million compared to CNY 2,493.179 million a year ago. Operating income was CNY 16.356 million compared to CNY 1,149.383 million a year ago. Net income was CNY 31.505 million compared to CNY 768.061 million a year ago. Basic earnings per share from continuing operations was CNY 0.0765 compared to CNY 1.8648 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. 
