Shandong Rike Chemical Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 03, 2020 at 04:18 am EDT
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Shandong Rike Chemical Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 2,420.120 million compared to CNY 1,568.771 million a year ago. Operating income was CNY 243.283 million compared to CNY 120.569 million a year ago. Net income was CNY 177.911 million compared to CNY 102.767 million a year ago. Basic earnings per share from continuing operations was CNY 0.42 compared to CNY 0.24 a year ago.
Shandong Rike Chemical Co.,LTD. is a China-based company principally engaged in the research, development, production and sale of polyvinyl chloride (PVC) plastic modifier products. The Company's main products include Acrylic Additives (ACR) Impact Modifier, Acrylic chlorinated polyethylene Modifier (ACM) Low Temperature Toughening Agent and Acrylic-Methyl Methacrylate-Butadiene (AMB) Impact Modifier. The Company's products are mainly used in various kinds of plastic profiles, pipes, plates, profiles and foam materials. The Company distributes its products in domestic market and to overseas markets.
SHANDONG RIKE CHEMICAL CO.,LTD. 
