Yunnan Yuntianhua Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 17, 2020 at 04:51 am EDT
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Yunnan Yuntianhua Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 25,655.156 million compared to CNY 28,402.103 million a year ago. Operating income was CNY 152.930 million compared to CNY 212.954 million a year ago. Net loss was CNY 21.509 million compared to net income of CNY 126.670 million a year ago. Basic loss per share from continuing operations was CNY 0.015 compared to basic earnings per share from continuing operations of CNY 0.0887 a year ago.
YUNNANYUNTIANHUACO.,LTD is a China-based company principally engaged in manufacture and distribution of chemical fertilizers and chemical materials and products. The Company operates its businesses through Chemical Fertilizer segment, Phosphate Mining and Dressing segment, Engineering Material segment and Commerce Trading and Logistic segment. Chemical Fertilizer segment produces various chemical fertilizer products, including monoammonium phosphate, diammonium phosphate, urea and composite fertilizer, among others. Phosphate Mining and Dressing segment operates through the mining and dressing of phosphate, as well as the distribution of phosphate products. Engineering Material segment mainly provides polyformaldehyde and lithium battery separators. Commerce Trading and Logistic segment mainly involves in the trading and logistics services of chemical fertilizer, fertilizer raw materials and produce.