Danhua Chemical Technology Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 05:16 pm IST
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Danhua Chemical Technology Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,075.456 million compared to CNY 1,229.602 million a year ago. Operating loss was CNY 548.995 million compared to CNY 540.896 million a year ago. Net loss was CNY 367.174 million compared to CNY 432.800 million a year ago. Basic loss per share from continuing operations was CNY 0.3612 compared to CNY 0.4258 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.