Hubei Kailong Chemical Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 19, 2021 at 05:41 am EDT
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Hubei Kailong Chemical Group Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,306.431 million compared to CNY 709.116 million a year ago. Operating income was CNY 65.489 million compared to CNY 64.859 million a year ago. Net income was CNY 30.456 million compared to CNY 30.241 million a year ago. Basic earnings per share from continuing operations was CNY 0.0798 compared to CNY 0.0817 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.