Xilong Scientific Co., Ltd. Announces Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 09:25 am EDT
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Xilong Scientific Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,581.356 million compared to CNY 1,309.533 million a year ago. Operating income was CNY 14.526 million compared to operating loss of CNY 4.907 million a year ago. Net income was CNY 13.842 million compared to net loss of CNY 6.981 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to basic loss per share from continuing operations of CNY 0.01 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.