Danhua Chemical Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 10:03 pm IST
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Danhua Chemical Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 267.594 million compared to CNY 218.121 million a year ago. Operating loss was CNY 34.004 million compared to CNY 74.787 million a year ago. Net loss was CNY 23.439 million compared to CNY 58.611 million a year ago. Basic loss per share from continuing operations was CNY 0.0231 compared to CNY 0.0577 a year ago.
Danhua Chemical Technology Co Ltd is a China-based company principally engaged in the manufacture and distribution of chemical products. The Company's products portfolio consists of ethylene glycol, oxalic acid, as well as catalytic agents. The Company's products are mainly applied in the downstream fields such as polyester, pharmaceuticals and rare earths. In addition, the Company involves in the manufacture of copper palladium powder alloy, activated carbon and others. The Company distributes its products within domestic market and to overseas markets, with domestic market as its main market.