Yangmei Chemical Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 08:33 am EDT
Share
Yangmei Chemical Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 4,408.569 million compared to CNY 3,888.480 million a year ago. Operating income was CNY 171.898 million compared to operating loss of CNY 318.177 million a year ago. Net income was CNY 133.054 million compared to net loss of CNY 262.867 million a year ago. Basic earnings per share from continuing operations was CNY 0.056 compared to basic loss per share from continuing operations of CNY 0.1106 a year ago.
Yangmei Chemical Co., Ltd. is a China based company principally engaged in the research, development, production and sales of coal chemical products and chemical equipments. The company's main products include urea, methanol, liquid ammonia, polyvinyl chloride, caustic soda, n-butanol, octanol, compound fertilizers, phosphorus trichloride, crude glycol, ammonium nitrate, calcium ammonium nitrate, melamine, hydrogen peroxide, ammonium bicarbonate, cyclohexylamine, dinaphthol and ammonium chloride. The Company's products are mainly used for agricultural fertilizers and chemical raw materials. The Company distributes its products in the domestic market and to overseas markets.
YANGMEI CHEMICAL CO.,LTD 
