Xilong Scientific Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 09:30 am EDT
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Xilong Scientific Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 4,503.758 million compared to CNY 2,332.831 million a year ago. Operating income was CNY 46.555 million compared to CNY 28.992 million a year ago. Net income was CNY 43.257 million compared to CNY 22.953 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.04 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.