Shaanxi Xinghua Chemistry Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 09:15 am EDT
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Shaanxi Xinghua Chemistry Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 939.25 million compared to CNY 658.7 million a year ago. Revenue was CNY 939.25 million compared to CNY 658.7 million a year ago. Net income was CNY 231.25 million compared to CNY 116.63 million a year ago. Basic earnings per share from continuing operations was CNY 0.2196 compared to CNY 0.1108 a year ago. Diluted earnings per share from continuing operations was CNY 0.2196 compared to CNY 0.1108 a year ago.
Shaanxi Xinghua Chemistry Co., Ltd is a China-based company principally engaged in the production and sales of chemical fertilizers and chemical products. The Company's products include liquid ammonia, methanol, dimethyl formamide, mixed amines, ammonium chloride, soda ash, ammonium nitrate, nitric acid, compound fertilizers, iron powder, synthetic ammonia, industrial potassium nitrate and industrial gases. In addition, The Company also provides electricity and steam. The Company distributes its products both in the domestic market and to overseas markets.