Hongbaoli Group Corporation, Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 03:58 am EDT
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Hongbaoli Group Corporation, Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,602.08 million compared to CNY 1,620.07 million a year ago. Revenue was CNY 2,602.08 million compared to CNY 1,620.07 million a year ago. Net income was CNY 42.69 million compared to CNY 72.82 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.07 compared to CNY 0.12 a year ago.
HONGBAOLI GROUP CORPORATION, LTD, formerly NANJING HONGBAOLI CORPORATION, LTD., is principally engaged in manufacture and distribution of chemical raw materials. The Company provides premixed polyols products, which are applied in manufacture of pipes, refrigerators, freezers and boards, among other; isopropanolamines products, which are utilized as auxiliary agents, cleaning agents and intermediates; high barrier outer wall heat insulation and decoration systems, which are applied in buildings, as well as polyester polyol, catalyst and cement additives, among others. The Company distributes its products within domestic market and to overseas markets.