Liaoning Oxiranchem,Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 07:45 am EDT
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Liaoning Oxiranchem,Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,339.64 million compared to CNY 1,381.92 million a year ago. Revenue was CNY 1,339.64 million compared to CNY 1,381.92 million a year ago. Net income was CNY 99.72 million compared to CNY 51.12 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.15 compared to CNY 0.08 a year ago.
LIAONING OXIRANCHEM, INC is a China-based company principally engaged in the research, manufacture and distribution of ethylene oxide and derivative chemical meterials. The Company's main products include crystalline silicon cutting fluid; polyether monomers, which include polyethylene glycol monomethyl ether, polyoxyethylene alkenyl methyl and polyoxyethylene allyl ether; as well as polyethylene glycol, which are applied as organic composite agents, humectant, lubricant, soften agent, dispersant and others.