Yangmei Chemical Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2023
April 19, 2024 at 04:40 am EDT
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Yangmei Chemical Co.,Ltd reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 12,071.96 million compared to CNY 16,535.89 million a year ago. Revenue was CNY 13,620.8 million compared to CNY 17,035.66 million a year ago.
Net loss was CNY 1,365.58 million compared to net income of CNY 70.07 million a year ago. Basic loss per share was CNY 0.5747 compared to basic earnings per share of CNY 0.0294 a year ago. Diluted loss per share was CNY 0.5747 compared to diluted earnings per share of CNY 0.0294 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.