North Chemical Industries Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 05:55 am EDT
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North Chemical Industries Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,320.380 million compared to CNY 990.111 million a year ago. Operating income was CNY 53.072 million compared to CNY 38.882 million a year ago. Net income was CNY 52.513 million compared to CNY 31.605 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.06 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.