Zhejiang Jianye Chemical Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 03:52 am EDT
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Zhejiang Jianye Chemical Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,012.9 million compared to CNY 1,219.27 million a year ago. Revenue was CNY 2,012.9 million compared to CNY 1,219.27 million a year ago. Net income was CNY 155.45 million compared to CNY 95.06 million a year ago. Basic earnings per share from continuing operations was CNY 0.97 compared to CNY 0.63 a year ago. Diluted earnings per share from continuing operations was CNY 0.97 compared to CNY 0.63 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.