Hubei Zhenhua Chemical Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 05:23 am EDT
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Hubei Zhenhua Chemical Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 667.629 million compared to CNY 209.796 million a year ago. Operating income was CNY 41.762 million compared to CNY 33.340 million a year ago. Net income was CNY 36.435 million compared to CNY 28.174 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.07 a year ago.
Hubei Zhenhua Chemical Co Ltd is a China-based company mainly engaged in the research and development, manufacturing and sales of chromium salt by-products. The Company operates its business through four segments: Inorganic Salt-related Industry segment, Logistics and Transportation Industry segment, Construction Engineering segment and Other segment. The Company's products include sodium dichromate, potassium dichromate, chromic anhydride, chromium oxide green, basic chromium sulfate, refined Yuanming powder, chromium yellow, metallic chromium and ultrafine aluminum hydroxide, etc. The Company's products are used in surface treatment, pigments, tanning, medicine, dyes, new materials, spices, feed additives and other industries. The Company mainly conducts its businesses in the domestic market and overseas markets.
HUBEI ZHENHUA CHEMICAL CO.,LTD. 
