Yangmei Chemical Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2023
August 30, 2023 at 05:51 am EDT
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Yangmei Chemical Co.,Ltd reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 7,062.44 million compared to CNY 9,226.28 million a year ago. Revenue was CNY 7,221.93 million compared to CNY 9,551.45 million a year ago.
Net loss was CNY 215.14 million compared to net income of CNY 227.95 million a year ago. Basic loss per share from continuing operations was CNY 0.0905 compared to basic earnings per share from continuing operations of CNY 0.0959 a year ago. Diluted loss per share from continuing operations was CNY 0.0905 compared to diluted earnings per share from continuing operations of CNY 0.0959 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 
