Yangmei Chemical Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 05:20 am EDT
Share
Yangmei Chemical Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 13,040.737 million compared to CNY 13,806.147 million a year ago. Operating loss was CNY 803.223 million compared to CNY 138.535 million a year ago. Net loss was CNY 702.532 million compared to CNY 170.723 million a year ago. Basic loss per share from continuing operations was CNY 0.2957 compared to CNY 0.0719 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 
