Anhui Annada Titanium Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 07:45 am EDT
Share
Anhui Annada Titanium Industry Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 652.94 million compared to CNY 406.7 million a year ago. Revenue was CNY 652.94 million compared to CNY 406.7 million a year ago. Net income was CNY 56.58 million compared to CNY 30.55 million a year ago. Basic earnings per share from continuing operations was CNY 0.2631 compared to CNY 0.1421 a year ago. Diluted earnings per share from continuing operations was CNY 0.2631 compared to CNY 0.1421 a year ago.
Anhui Annada Titanium Industry Co., Ltd. is a China-based company mainly engaged in the manufacture and sale of titanium dioxide and related chemical products. The Company provides anatase titanium dioxide and rutile powder materials. The Company also supplies iron phosphate. The Company's titanium dioxide products are mainly applied in industries such as painting, plastics, rubber, ink, paper, fiber, daily chemicals and pharmaceuticals, among others. It distributes its products within domestic markets and to overseas markets.