Xilong Scientific Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 05:57 am EDT
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Xilong Scientific Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,309.533 million compared to CNY 933.976 million a year ago. Operating loss was CNY 4.907 million compared to CNY 26.186 million a year ago. Net loss was CNY 6.981 million compared to CNY 19.115 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to CNY 0.03 a year ago.
XILONG SCIENTIFIC CO.,LTD., formerly XILONG CHEMICAL CO.,LTD., is principally engaged in the research, development, production and sale of chemical reagents. The Company primarily provides general chemical reagents, including ammonia water, sodium hydroxide, sulfuric acid, nitric acid, carbinol and ethanol; chemical reagents for printed circuit boards (PCBs), as well as super clean high purity chemical reagents. Its chemical reagents are mainly used in electronic information, daily chemicals, medicine, food, as well as sensitization industries. The Company is also involved in chemical raw material, bulk pharmaceutical, food additive, and in-vitro diagnostic substance businesses.
XILONG SCIENTIFIC CO., LTD. 
