Cangzhou Dahua Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 03:47 am EDT
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Cangzhou Dahua Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,081.186 million compared to CNY 1,612.857 million a year ago. Operating loss was CNY 183.981 million compared to operating Income of CNY 11.347 million a year ago. Net loss was CNY 170.784 million compared to net income of CNY 49.589 million a year ago. Basic loss per share from continuing operations was CNY 0.4147 compared to basic earnings per share from continuing operations of CNY 0.1204 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. 
