Limin Chemical Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 26, 2019 at 02:14 pm EDT
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Limin Chemical Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 1,087.518 million compared to CNY 712.431 million a year ago. Operating income was CNY 234.493 million compared to CNY 117.391 million a year ago. Net income was CNY 198.682 million compared to CNY 102.957 million a year ago. Basic earnings per share from continuing operations was CNY 0.7 compared to CNY 0.37 a year ago.
Limin Group Co., Ltd., formerly Limin Chemical Co., Ltd., is a China-based company principally engaged in the research, development, production and sales of pesticides and preparations. The Company mainly provides germicide products, including mancozeb, cymoxanil, fosetyl-aluminum and pyrimethanil, among others. It also provides pesticides such as thiacloprid and other formulations, and herbicides such as mesotrione. The Company distributes its products within domestic market and to overseas markets.