Zhejiang Jianye Chemical Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 04:08 am EDT
Share
Zhejiang Jianye Chemical Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,219.270 million compared to CNY 1,227.512 million a year ago. Operating income was CNY 103.399 million compared to CNY 118.442 million a year ago. Net income was CNY 95.057 million compared to CNY 106.778 million a year ago. Basic earnings per share from continuing operations was CNY 0.63 compared to CNY 0.89 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. 
