Yangmei Chemical Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 27, 2020 at 02:58 pm EDT
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Yangmei Chemical Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 17,929.405 million compared to CNY 21,774.615 million a year ago. Operating loss was CNY 627.473 million compared to operating Income of CNY 306.665 million a year ago. Net loss was CNY 524.188 million compared to net income of CNY 128.753 million a year ago. Basic loss per share from continuing operations was CNY 0.2206 compared to basic earnings per share from continuing operations of CNY 0.0733 a year ago.
Yangmei Chemical Co., Ltd. is a China based company principally engaged in the research, development, production and sales of coal chemical products and chemical equipments. The company's main products include urea, methanol, liquid ammonia, polyvinyl chloride, caustic soda, n-butanol, octanol, compound fertilizers, phosphorus trichloride, crude glycol, ammonium nitrate, calcium ammonium nitrate, melamine, hydrogen peroxide, ammonium bicarbonate, cyclohexylamine, dinaphthol and ammonium chloride. The Company's products are mainly used for agricultural fertilizers and chemical raw materials. The Company distributes its products in the domestic market and to overseas markets.
YANGMEI CHEMICAL CO.,LTD 
