Guizhou Redstar Developing Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 06:56 am EDT
Share
Guizhou RedStar Developing Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,523.390 million compared to CNY 1,593.039 million a year ago. Operating income was CNY 100.954 million compared to CNY 160.884 million a year ago. Net income was CNY 74.780 million compared to CNY 115.934 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.4 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. 
