Huarong Chemical Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
July 27, 2022 at 04:17 pm IST
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Huarong Chemical Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 436.23 million compared to CNY 314.38 million a year ago. Revenue was CNY 436.62 million compared to CNY 316.64 million a year ago. Net income was CNY 35.62 million compared to CNY 49.83 million a year ago. Basic earnings per share from continuing operations was CNY 0.0742 compared to CNY 0.1384 a year ago. Diluted earnings per share from continuing operations was CNY 0.0742 compared to CNY 0.1384 a year ago.
Huarong Chemical Co Ltd is a China-based company principally engaged in the production and sales of potassium hydroxide and related chemical products. The Company's main products consist of fine potassium products and chlorine products, including solid and liquid potassium hydroxide, polyvinyl chloride resin, hydrochloric acid, sodium hypochlorite and liquid chlorine. The Company's products are mainly used in chemical, water treatment, metallurgy, textile, building materials, agriculture and other fields. The Company distributes products within domestic market and to overseas markets, including South Korea, Malaysia, India, South Africa, Brazil and Australia, among others.
HUARONG CHEMICAL CO., LTD. 