Inner Mongolia Lantai Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 09:06 pm IST
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Inner Mongolia Lantai Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 10,045.876 million compared to CNY 9,926.234 million a year ago. Operating income was CNY 1,345.651 million compared to CNY 1,352.819 million a year ago. Net income was CNY 894.657 million compared to CNY 871.307 million a year ago. Basic earnings per share from continuing operations was CNY 1.0701 compared to CNY 1.0421 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.