Milkyway Chemical Supply Chain Service Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
July 26, 2022 at 06:40 am EDT
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Milkyway Chemical Supply Chain Service Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 6,250.56 million compared to CNY 3,449.43 million a year ago. Revenue was CNY 6,269.01 million compared to CNY 3,461.94 million a year ago. Net income was CNY 304.06 million compared to CNY 183.61 million a year ago. Basic earnings per share from continuing operations was CNY 1.85 compared to CNY 1.15 a year ago. Diluted earnings per share from continuing operations was CNY 1.85 compared to CNY 1.15 a year ago.
Milkyway Intelligent Supply Chain Service Group Co Ltd, formerly as Milkyway Chemical Supply Chain Service Co Ltd is a China-based company which is mainly engaged in the provision of chemical supply chain services. The Company mainly provides one-stop integrated logistics services with freight forwarding, warehousing and transportation as the core for domestic and foreign chemical production enterprises and chemical consumer enterprises, including transportation, warehousing, freight forwarding, distribution, logistics processing, information services and others. The Company also provides chemical supply chain services for low-risk products such as paints, pesticides, polyurethane materials, electronic chemicals, lithium batteries, dyes and others. The Company provides its services in domestic market and to overseas markets.