Guizhou RedStar Developing Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 21, 2021 at 03:45 am EDT
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Guizhou RedStar Developing Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,455.39 million compared to CNY 898.8 million a year ago. Revenue was CNY 1,455.39 million compared to CNY 898.8 million a year ago. Net income was CNY 136.56 million compared to net loss of CNY 13.79 million a year ago. Basic earnings per share from continuing operations was CNY 0.47 compared to basic loss per share from continuing operations of CNY 0.05 a year ago. Diluted earnings per share from continuing operations was CNY 0.47 compared to diluted loss per share from continuing operations of CNY 0.05 a year ago.
Guizhou Redstar Developing Co Ltd is a China-based company principally engaged in the research and development, production and sales of barium salts, strontium salts and manganese series products. Barium salt products mainly include multi-specification special barium carbonate, various types of barium sulfate, high-purity barium carbonate, high-purity barium chloride, and high-purity barium nitrate. Strontium salt products mainly include strontium carbonate, strontium nitrate, strontium chloride, and hydroxide. Strontium, high-purity strontium carbonate, and manganese products mainly include EMD, high-purity manganese sulfate and other products for primary batteries and lithium batteries. The Company is also engaged in the production and sales of battery-grade lithium carbonate and by-products sulfur, thiourea and sodium sulfide, as well as the natural pigment industry.
GUIZHOU REDSTAR DEVELOPING CO.,LTD. 
