Shandong Rike Chemical Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 04:32 am EDT
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Shandong Rike Chemical Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,106.671 million compared to CNY 1,086.228 million a year ago. Operating income was CNY 156.518 million compared to CNY 92.419 million a year ago. Net income was CNY 117.106 million compared to CNY 70.460 million a year ago. Basic earnings per share from continuing operations was CNY 0.28 compared to CNY 0.17 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. 
