North Chemical Industries Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:22 am EDT
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North Chemical Industries Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 540.23 million compared to CNY 528.88 million a year ago. Revenue was CNY 540.23 million compared to CNY 528.88 million a year ago. Net income was CNY 15.84 million compared to CNY 27.18 million a year ago. Basic earnings per share from continuing operations was CNY 0.0288 compared to CNY 0.0495 a year ago. Diluted earnings per share from continuing operations was CNY 0.0288 compared to CNY 0.0495 a year ago.
Sichuan Nitrocell Corp, formerly North Chemical Industries Co Ltd, is a China-based company principally engaged in the manufacturing and sales of chemical raw materials and chemical products. The Company's main business includes the manufacturing and sales of cellulose derivatives such as nitrocellulose, nitrocellulose color chips and nitrocellulose solution, the sales of hazardous chemicals and chemical products, the import and export of chemicals, as well as the manufacture, sales and maintenance of industrial pumps, valves and spare parts. The Company principally operates its businesses in the domestic market.
NORTH CHEMICAL INDUSTRIES CO., LTD. 
