Shandong Head Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 16, 2021 at 04:29 am EDT
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Shandong Head Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,308.887 million compared to CNY 1,112.844 million a year ago. Operating income was CNY 294.566 million compared to CNY 186.201 million a year ago. Net income was CNY 252.234 million compared to CNY 157.621 million a year ago. Basic earnings per share from continuing operations was CNY 1.35 compared to CNY 0.85 a year ago. Diluted earnings per share from continuing operations was CNY 1.33 compared to CNY 0.83 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. 
