Zhejiang Jianye Chemical Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 03:58 am EDT
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Zhejiang Jianye Chemical Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 770.003 million compared to CNY 818.407 million a year ago. Operating income was CNY 74.147 million compared to CNY 88.192 million a year ago. Net income was CNY 67.560 million compared to CNY 79.137 million a year ago. Basic earnings per share from continuing operations was CNY 0.46 compared to CNY 0.66 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. 
