Jiangsu Flag Chemical Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 21, 2021 at 07:21 am EDT
Share
Jiangsu Flag Chemical Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 493.571 million compared to CNY 456.920 million a year ago. Operating income was CNY 67.391 million compared to CNY 60.142 million a year ago. Net income was CNY 60.038 million compared to CNY 50.171 million a year ago. Basic earnings per share from continuing operations was CNY 0.44 compared to CNY 0.38 a year ago. Diluted earnings per share from continuing operations was CNY 0.45 compared to CNY 0.38 a year ago.
Jiangsu Flag Chemical Industry Co., Ltd. is a China-based company principally engaged in the development, design, manufacture and distribution of pesticides and related intermediates. The Company's main products consist of fluroxypyr, clothianidin, fenoxaprop-p-ethyl, sulcotrione, clodinafop-propargyl, lufenuron and diafenthiuron, among others. Its products are mainly used as herbicide, bactericide and insecticide, among others. The Company distributes its products within domestic market and to overseas markets.
JIANGSU FLAG CHEMICAL INDUSTRY CO., LTD. 
