Luxi Chemical Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 04:45 am EDT
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Luxi Chemical Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 6,216.307 million compared to CNY 3,354.007 million a year ago. Operating income was CNY 1,318.170 million compared to CNY 24.923 million a year ago. Net income was CNY 999.183 million compared to CNY 16.836 million a year ago. Basic earnings per share from continuing operations was CNY 0.525 compared to CNY 0.011 a year ago.
Luxi Chemical Group Co.,Ltd. is a China-based company principally engaged in the manufacture and distribution of chemicals, chemical materials and fertilizers. The Company primarily provides three categories of products, which includes nitrogenous fertilizers, compound fertilizers and chemical products. The Companyâs products mainly include caprolactam, polyol, polycarbonate, methane chloride, formic acid, chlorinated paraffin, nylon 6, benzyl chloride, silicone, urea and compound fertilizers, among others. The Company distributes its products in domestic market and to overseas markets.