Shandong Weifang Rainbow Chemical Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 04:41 am EDT
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Shandong Weifang Rainbow Chemical Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 3,119.05 million compared to CNY 1,811.99 million a year ago. Revenue was CNY 3,119.05 million compared to CNY 1,811.99 million a year ago. Net income was CNY 387.57 million compared to CNY 96.14 million a year ago. Basic earnings per share from continuing operations was CNY 1.4 compared to CNY 0.46 a year ago. Diluted earnings per share from continuing operations was CNY 1.4 compared to CNY 0.46 a year ago.
Shandong Weifang Rainbow Chemical Co Ltd is a China-based company engaged in the research and development, production, and sales of active pesticide and preparation. The Company's main products include herbicides, insecticides, and fungicides. The Company's herbicides can be divided into self-produced products and trade products. The self-produced herbicides are mainly formulations, and the trade herbicides are mainly original medicines. Insecticides mainly include chlorpyrifos, imidacloprid, thiamethoxam and so on. Fungicides mainly include azoxystrobin, chlorothalonil, carbendazim, epoxiconazole, captan and so on.