Limin Chemical Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 05:12 am EDT
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Limin Chemical Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 2,013.248 million compared to CNY 1,078.350 million a year ago. Operating income was CNY 348.653 million compared to CNY 170.071 million a year ago. Net income was CNY 286.477 million compared to CNY 150.216 million a year ago. Basic earnings per share from continuing operations was CNY 1 compared to CNY 0.52 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.