Limin Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 30, 2020 at 04:20 am EDT
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Limin Group Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,655.711 million compared to CNY 1,087.518 million a year ago. Operating income was CNY 414.709 million compared to CNY 234.493 million a year ago. Net income was CNY 304.910 million compared to CNY 198.682 million a year ago. Basic earnings per share from continuing operations was CNY 0.84 compared to CNY 0.55 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.