Zhejiang Jianye Chemical Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 03:50 am EDT
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Zhejiang Jianye Chemical Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 757.27 million compared to CNY 621.85 million a year ago. Revenue was CNY 757.27 million compared to CNY 621.85 million a year ago. Net income was CNY 135.3 million compared to CNY 56.27 million a year ago. Basic earnings per share from continuing operations was CNY 0.85 compared to CNY 0.35 a year ago. Diluted earnings per share from continuing operations was CNY 0.85 compared to CNY 0.35 a year ago.
Zhejiang Jianye Chemical Co., Ltd. is a China-based company mainly engaged in fine chemical products business. The Company's main business is the manufacturing, research, development and sales of low-carbon fatty amines, plasticizers, acetates, and electronic chemicals. Low-carbon fatty amines are widely used in downstream industries such as pesticides, medicines, coatings, dyes, catalysts, curing agents, new energy materials, cosmetics, food additives, fertilizer slow-release agents, and preservatives. Plasticizers are a class of organic substances that are used to enhance the fluidity of plastics during processing and make plastic products flexible. Acetate is widely used in solvents, plasticizers, surfactants and polymer monomers. The Company distributes its products within domestic market and to overseas markets.
ZHEJIANG JIANYE CHEMICAL CO., LTD. 
