Jiangsu Yabang Dyestuff Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 08:44 am EDT
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Jiangsu Yabang Dyestuff Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,162.033 million compared to CNY 1,643.821 million a year ago. Operating loss was CNY 29.963 million compared to operating Income of CNY 304.327 million a year ago. Net income was CNY 16.717 million compared to CNY 274.103 million a year ago. Basic earnings per share from continuing operations was CNY 0.0293 compared to CNY 0.4761 a year ago.
Jiangsu Yabang Dyestuff Co Ltd, formerly JIANGSU YABANG DYESTUFF.,LTD, is a China-based company principally engaged in the research, production, operation and sales of textile dyes and dye intermediates. The Company provides over 200 types of products, including anthraquinone structure disperse dyes and vat dyes. The Company also provides specialty chemicals, such as benzoyl chloride through its subsidiaries. Its products are mainly applied in textile fabrics and specialization of textile dyeing. The Company distributes its products within domestic market and to overseas markets.