CNSIG Inner Mongolia Chemical Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 06:28 am EDT
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CNSIG Inner Mongolia Chemical Industry Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 4,412.31 million compared to CNY 2,364.91 million a year ago. Revenue was CNY 4,412.31 million compared to CNY 2,364.91 million a year ago. Net income was CNY 615.99 million compared to CNY 255.09 million a year ago. Basic earnings per share from continuing operations was CNY 0.6432 compared to CNY 0.2664 a year ago. Diluted earnings per share from continuing operations was CNY 0.6432 compared to CNY 0.2664 a year ago.
CNSIG Inner Mongolia Chemical Industry Co Ltd, formerly Inner Mongolia Lantai Industry Co Ltd, is a China-based company mainly engaged in the manufacture and sales of salt, salt chemicals, pharmaceutical and health products. The Company operates four segments: Salt Chemical segment, Salt segment, Pharmaceutical segment and others segment. The Company's main products include refined salt, industrial salt, sodium metal, sodium chlorate, soda ash, cistanche yishen granules, compound licorice tablets, vitamin algae, polyvinyl chloride resin, caustic soda, paste resin, calcium carbide and so on. The Company conducts its businesses within the domestic market and to overseas markets.