Puyang Huicheng Electronic Material Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
April 17, 2019 at 01:31 pm EDT
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Puyang Huicheng Electronic Material Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 635.842 million compared to CNY 540.919 million a year ago. Operating income was CNY 117.381 million compared to CNY 84.326 million a year ago. Net income was CNY 105.619 million compared to CNY 74.163 million a year ago. Basic earnings per share from continuing operations was CNY 0.42 compared to CNY 0.31 a year ago.
Puyang Huicheng Electronic Material Co.,Ltd is a China-based company principally engaged in the research and development, manufacture and sale of anhydride maleic anhydride derivatives, fluorene and other fine chemicals. The Company's main products include Tetrahydrophthalic Anhydride, Hexahydrophthalic Anhydride, Methyl Tetrahydrophthalic Anhydride and carbic anhydride, among others. The Company's anhydride maleic anhydride derivatives are mainly used for epoxy resin curing and the synthesis of polyester resin and alkyd resin. The Companyâs products are applied in electronic component encapsulation, electrical equipment insulation materials, coatings, composite materials, photolectric material and pharmaceutical intermediates. The Company distributes its products in domestic market and to overseas markets.