Shandong Head Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 17, 2020 at 05:19 am EDT
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Shandong Head Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 616.608 million compared to CNY 532.077 million a year ago. Operating income was CNY 145.512 million compared to CNY 103.270 million a year ago. Net income was CNY 121.244 million compared to CNY 80.449 million a year ago. Basic earnings per share from continuing operations was CNY 0.6534 compared to CNY 0.4385 a year ago. Diluted earnings per share from continuing operations was CNY 0.6438 compared to CNY 0.4224 a year ago.
Shandong Head Group Co Ltd, formerly Shandong Head Co Ltd, is a China-based company mainly engaged in development, manufacture and sales of water-soluble polymer. The main product of the Company is non-ionic cellulose ether. The Company also manufactures methyl cellulose (MC), hydroxyl ethyl cellulose (HEC), methyl hydroxyl ethyl cellulose (MHEC), hydroxyl propyl celiulose (HPC) and others. The Company's products are widely used in building materials, medicine, food, textiles, daily chemicals, petroleum exploration, mining, papermaking, polymerization, aerospace and other fields. The Company distributes its products in domestic market and to overseas markets.
SHANDONG HEAD GROUP CO.,LTD. 
