Cnsig Inner Mongolia Chemical Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 21, 2021 at 03:48 pm IST
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CNSIG Inner Mongolia Chemical Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 2,364.906 million compared to CNY 1,925.888 million a year ago. Operating income was CNY 340.580 million compared to CNY 126.356 million a year ago. Net income was CNY 255.089 million compared to CNY 61.345 million a year ago. Basic earnings per share from continuing operations was CNY 0.2664 compared to CNY 0.0734 a year ago.
CNSIG Inner Mongolia Chemical Industry Co Ltd, formerly Inner Mongolia Lantai Industry Co Ltd, is a China-based company mainly engaged in the manufacture and sales of salt, salt chemicals, pharmaceutical and health products. The Company operates four segments: Salt Chemical segment, Salt segment, Pharmaceutical segment and others segment. The Company's main products include refined salt, industrial salt, sodium metal, sodium chlorate, soda ash, cistanche yishen granules, compound licorice tablets, vitamin algae, polyvinyl chloride resin, caustic soda, paste resin, calcium carbide and so on. The Company conducts its businesses within the domestic market and to overseas markets.