Inner Mongolia Lantai Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 02:01 pm EDT
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Inner Mongolia Lantai Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,809.366 million compared to CNY 2,521.198 million a year ago. Operating income was CNY 128.056 million compared to CNY 371.846 million a year ago. Net income was CNY 63.045 million compared to CNY 251.937 million a year ago. Basic earnings per share from continuing operations was CNY 0.0754 compared to CNY 0.3013 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.
CNSIG INNER MONGOLIA CHEMICAL INDUSTRY CO.,LTD. 
