Chongqing Sansheng Industrial Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 22, 2020 at 04:51 pm IST
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Chongqing Sansheng Industrial Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,839.114 million compared to CNY 2,207.390 million a year ago. Operating income was CNY 86.589 million compared to CNY 124.863 million a year ago. Net income was CNY 47.801 million compared to CNY 80.991 million a year ago. Basic earnings per share from continuing operations was CNY 0.1107 compared to CNY 0.1875 a year ago.
Chongqing Sansheng Industrial Co.,Ltd., formerly Chongqing Sansheng Industrial Co., Ltd.,is a China-based company principally engaged in the comprehensive utilization and product development of plaster resources and pharmaceutical business. The Company operates through two main segments. The Construction Materials and Chemical Industry segment is mainly involved in the manufacturing and sales of commercial concretes, water reducing agents, expanding agents and sulfuric acids. The Companyâs products are mainly applied in the construction, tunnels, bridges, seaports, roads, chemical fertilizers, chemical engineering, light manufacturing, textiles, steels and others. The Pharmaceutical Business segment is primarily involved in the production, research and development of raw material medicines, preparation products and intermediate products.