Zhejiang Jihua Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 05:38 am EDT
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Zhejiang Jihua Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 422.129 million compared to CNY 800.800 million a year ago. Operating income was CNY 47.970 million compared to CNY 171.027 million a year ago. Net income was CNY 35.342 million compared to CNY 143.909 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.21 a year ago.
ZHEJIANG JIHUA GROUP CO., LTD. is a China-based company principally engaged in the research and development, production and sales of dyes, dyes intermediates and other chemical products. The Company's main products include disperse dyes, reactive dyes, acid dyes, sulfur dyes, direct dyes, dye intermediates, H acid, synthetic anthraquinone, industrial sulfuric acid and extended products, polyurethane foams and polymer materials. The Company mainly distributes its products in domestic and overseas markets.