Shandong Head Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 06:48 am EDT
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Shandong Head Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 391.85 million compared to CNY 329.14 million a year ago. Revenue was CNY 391.85 million compared to CNY 329.14 million a year ago. Net income was CNY 96.33 million compared to CNY 79.84 million a year ago. Basic earnings per share from continuing operations was CNY 0.2822 compared to CNY 0.237 a year ago. Diluted earnings per share from continuing operations was CNY 0.2812 compared to CNY 0.2339 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. 
