Yangmei Chemical Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 04:27 am EDT
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Yangmei Chemical Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 13,558.99 million compared to CNY 13,040.74 million a year ago. Revenue was CNY 13,558.99 million compared to CNY 13,040.74 million a year ago. Net income was CNY 439.04 million compared to net loss of CNY 702.53 million a year ago. Basic earnings per share from continuing operations was CNY 0.1848 compared to basic loss per share from continuing operations of CNY 0.2957 a year ago. Diluted earnings per share from continuing operations was CNY 0.1848 compared to diluted loss per share from continuing operations of CNY 0.2957 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.