Jiangsu Yoke Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 08:04 am EDT
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Jiangsu Yoke Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 438.810 million compared to CNY 415.656 million a year ago. Operating income was CNY 138.093 million compared to CNY 53.183 million a year ago. Net income was CNY 116.137 million compared to CNY 41.300 million a year ago. Basic earnings per share from continuing operations was CNY 0.2509 compared to CNY 0.0892 a year ago.
Jiangsu Yoke Technology Co., Ltd is a China-based company principally engaged in the research, development, production and sale of organic phosphate flame retardants and other rubber and plastic aids. The Companyâs main products portfolio consists of flame retardants for engineering products, flame retardants for polyurethane and others. The Company's flame retardants are mainly applied in chemical materials, carpets, raincoats, textile products and rubber products. The Company also provides tin salts, silicon oil and amine products, silicone surfactant for polyurethane, as well as catalysts for polyurethane and others. The Company distributes its products in domestic markets and to overseas markets.
JIANGSU YOKE TECHNOLOGY CO., LTD. 
