Hubei Kailong Chemical Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 13, 2021 at 06:22 am EDT
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Hubei Kailong Chemical Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,010.941 million compared to CNY 1,891.371 million a year ago. Operating income was CNY 135.042 million compared to CNY 151.646 million a year ago. Net income was CNY 50.342 million compared to CNY 49.975 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.14 a year ago.
HUBEI KAILONG CHEMICAL GROUP CO., LTD. is principally engaged in the manufacture and distribution of industrial explosives. The Company primarily provides modified ammonium nitrate-fuel oil explosives, including modified ammonium nitrate-fuel oil explosives for rocks; expanded ammonium nitrate explosives, including expanded ammonium nitrate explosives for rocks and expanded ammonium nitrate explosives for coal mines; emulsion explosives, including emulsion explosives for rocks and emulsion explosives for coal mines, as well as seismic explosive columns, including seismic explosive columns with low, medium and high detonation velocities, high power seismic explosive columns, emulsion seismic explosive columns and high strength seismic explosive columns. Its products are applied in petroleum, coal, mining, metallurgy, transportation, hydraulic, electric power, construction, national defense and other fields.
HUBEI KAILONG CHEMICAL GROUP CO., LTD. 
