Cangzhou Dahua Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 09, 2021 at 11:40 am EDT
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Cangzhou Dahua Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,653.264 million compared to CNY 2,105.568 million a year ago. Operating income was CNY 16.528 million compared to operating loss of CNY 4.198 million a year ago. Net income was CNY 36.935 million compared to CNY 45.842 million a year ago. Basic earnings per share from continuing operations was CNY 0.0897 compared to CNY 0.1113 a year ago.
CANGZHOU DAHUA CO., LTD. is a China-based company mainly engaged in the production and sales of chemicals. The Company's primary products include toluene diisocyanate (TDI), urea and ion-exchange membrane caustic soda, among others. The TDI is mainly used in the manufacture of polyurethane foams, elastomers, coatings, adhesives, among others. Urea is mainly used in the agricultural fertilizers, melamine, resins, plastics and pharmaceutical industries. The Company mainly distributes its products in domestic and overseas markets.
CANGZHOU DAHUA CO., LTD. 
