Shandong Head Group Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
July 25, 2022 at 08:09 am EDT
Share
Shandong Head Group Co.,Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 901.97 million compared to CNY 751.35 million a year ago. Revenue was CNY 907.38 million compared to CNY 752.76 million a year ago. Net income was CNY 225.33 million compared to CNY 185.79 million a year ago. Basic earnings per share from continuing operations was CNY 0.66 compared to CNY 0.55 a year ago. Diluted earnings per share from continuing operations was CNY 0.66 compared to CNY 0.55 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. 
