Shandong Rike Chemical Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 04:48 am EDT
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Shandong Rike Chemical Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,680.165 million compared to CNY 1,723.546 million a year ago. Operating income was CNY 242.826 million compared to CNY 155.665 million a year ago. Net income was CNY 180.772 million compared to CNY 117.396 million a year ago. Basic earnings per share from continuing operations was CNY 0.42 compared to CNY 0.28 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. 
