Yangmei Chemical Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2022
April 14, 2023 at 04:39 am EDT
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Yangmei Chemical Co.,Ltd reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 16,535.89 million compared to CNY 18,352.58 million a year ago. Revenue was CNY 17,035.66 million compared to CNY 18,737.37 million a year ago.
Net income was CNY 69.96 million compared to CNY 431.71 million a year ago. Basic earnings per share from continuing operations was CNY 0.0294 compared to CNY 0.1817 a year ago. Diluted earnings per share from continuing operations was CNY 0.0294 compared to CNY 0.1817 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.