Jiangsu Flag Chemical Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 05:47 am EDT
Share
Jiangsu Flag Chemical Industry Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 697.01 million compared to CNY 493.57 million a year ago. Revenue was CNY 697.01 million compared to CNY 493.57 million a year ago. Net income was CNY 108.49 million compared to CNY 60.04 million a year ago. Basic earnings per share from continuing operations was CNY 0.3467 compared to CNY 0.1933 a year ago. Diluted earnings per share from continuing operations was CNY 0.3467 compared to CNY 0.1933 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.