Jinneng Science & Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 06:49 am EDT
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Jinneng Science & Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 5,391.974 million compared to CNY 6,207.670 million a year ago. Operating income was CNY 739.593 million compared to CNY 672.031 million a year ago. Net income was CNY 640.635 million compared to CNY 592.818 million a year ago. Basic earnings per share from continuing operations was CNY 0.95 compared to CNY 0.88 a year ago. Diluted earnings per share from continuing operations was CNY 0.83 compared to CNY 0.88 a year ago.
Jinneng Science & Technology Co Ltd is a China-based company mainly engaged in the production and sales of chemical products. The Company's main businesses include fine chemicals, coal chemicals, and petrochemicals. The Company mainly integrates coking and chemical production, coal tar deep processing and carbon black production, p-cresol production, sour alkali and white carbon black production, sorbic acid and potassium sorbate production, methanol co-production of synthetic ammonia, gas turbine combined cycle thermal power co-production and other businesses are integrated. The Company's main products include coke, carbon black, white carbon black, sorbic acid and potassium sorbate, p-methyl phenol, methanol, pure benzene, etc., mainly used in steel, automobiles, plastics, chemical fiber, food, medicine and other industries. The Company distributes its products within the domestic market and to overseas market.
JINNENG SCIENCE&TECHNOLOGY CO.,LTD 
