Cnsig Inner Mongolia Chemical Industry Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 01:19 pm IST
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CNSIG Inner Mongolia Chemical Industry Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 6,331.379 million compared to CNY 7,625.158 million a year ago. Operating income was CNY 372.651 million compared to CNY 1,177.846 million a year ago. Net income was CNY 269.419 million compared to CNY 800.512 million a year ago. Basic earnings per share from continuing operations was CNY 0.2813 compared to CNY 0.9574 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.