Yuanli Chemical Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 03:09 pm EDT
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Yuanli Chemical Group Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 248.681 million compared to CNY 307.375 million a year ago. Operating income was CNY 33.423 million compared to CNY 58.983 million a year ago. Net income was CNY 28.000 million compared to CNY 43.459 million a year ago. Basic earnings per share from continuing operations was CNY 0.308 compared to CNY 0.636 a year ago.
Yuanli Chemical Group Co.,Ltd., formerly Shandong Yuanli Science and Technology Co., Ltd., is a China-based company principally engaged in the research and development, production and sales of fine chemicals. The main products of dibasic ester series products are mixed dibasic ester (MDBE); the main products of fatty alcohol series products are 1, 6-hexanediol (HDO); the main products of plasticizer series products are dioctyl phthalate (DCP) and dibutyl phthalate (DBP). The Company distributes its products both in the domestic market and to overseas markets.