Shenyang Chemical Industry Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 09, 2020 at 11:32 am EDT
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Shenyang Chemical Industry Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 11,019.952 million compared to CNY 10,790.780 million a year ago. Operating loss was CNY 693.257 million compared to operating Income of CNY 158.594 million a year ago. Net loss was CNY 745.761 million compared to net income of CNY 117.912 million a year ago. Basic loss per share from continuing operations was CNY 0.91 compared to basic earnings per share from continuing operations of CNY 0.14 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.