Hubei Zhenhua Chemical Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 07:20 am EDT
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Hubei Zhenhua Chemical Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 790.21 million compared to CNY 667.63 million a year ago. Revenue was CNY 790.21 million compared to CNY 667.63 million a year ago. Net income was CNY 99.56 million compared to CNY 36.44 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.2 compared to CNY 0.08 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. 
