Shaanxi Xinghua Chemistry Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 06:21 am EDT
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Shaanxi Xinghua Chemistry Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,316.788 million compared to CNY 1,496.742 million a year ago. Operating income was CNY 103.081 million compared to CNY 150.779 million a year ago. Net income was CNY 87.914 million compared to CNY 109.040 million a year ago. Basic earnings per share from continuing operations was CNY 0.0835 compared to CNY 0.1036 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.