Shenyang Chemical Industry Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 18, 2021 at 08:08 am EDT
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Shenyang Chemical Industry Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 9,571.852 million compared to CNY 11,019.952 million a year ago. Operating income was CNY 538.299 million compared to operating loss of CNY 693.257 million a year ago. Net income was CNY 357.395 million compared to net loss of CNY 745.761 million a year ago. Basic earnings per share from continuing operations was CNY 0.44 compared to basic loss per share from continuing operations of CNY 0.91 a year ago.
Shenyang Chemical Industry Co., Ltd. is principally engaged in the production and sale of chloro-alkali and petrochemical products. The Company operates in three segments, including Petrochemical Industry, Chloro-alkali and Polyether. Its major products include polyvinyl chloride (PVC) resin, petrol, diesel, propylene oxide, propylene, caustic soda, acrylic acid, acrylic ester and polyethylene (PE), among others. The Company operates its business mainly in Shenyang, Liaoning province, China.