Jiangsu Fengshan Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 26, 2020 at 04:39 am EDT
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Jiangsu Fengshan Group Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 450.623 million compared to CNY 364.131 million a year ago. Operating income was CNY 100.142 million compared to CNY 63.378 million a year ago. Net income was CNY 84.120 million compared to CNY 53.243 million a year ago. Basic earnings per share from continuing operations was CNY 1.01 compared to CNY 0.76 a year ago.
JIANGSUFENGSHANGROUPCO., LTD is a China-based company principally engaged in the research, development, production and sales of pesticide products. The Company mainly provides herbicides, insecticides and fungicides, including four series of products, such as trifluralin, quizalofop, nicosulfuron and chlorpyrifos. The Company also distributes other proprietary drugs, preparations and pesticide intermediates. The Company's products are applied in crops, such as cotton, soybeans, canola, peanuts, tea trees and others. The Company distributes its products in domestic market and to overseas markets.