Shenyang Chemical Industry Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 24, 2021 at 07:19 am EDT
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Shenyang Chemical Industry Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 5,183.398 million compared to CNY 3,272.202 million a year ago. Operating income was CNY 480.524 million compared to operating loss of CNY 176.862 million a year ago. Net income was CNY 376.325 million compared to net loss of CNY 195.806 million a year ago. Basic earnings per share from continuing operations was CNY 0.459 compared to basic loss per share from continuing operations of CNY 0.239 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.