Cnsig Inner Mongolia Chemical Industry Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 13, 2020 at 01:42 pm IST
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CNSIG Inner Mongolia Chemical Industry Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 3,882.972 million compared to CNY 5,114.154 million a year ago. Operating income was CNY 145.352 million compared to CNY 789.933 million a year ago. Net income was CNY 104.678 million compared to CNY 490.657 million a year ago. Basic earnings per share from continuing operations was CNY 0.1128 compared to CNY 0.5869 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.