Hubei Xingfa Chemicals Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 11, 2021 at 07:18 pm IST
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Hubei Xingfa Chemicals Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 18,317.376 million compared to CNY 18,038.707 million a year ago. Operating income was CNY 773.555 million compared to CNY 483.242 million a year ago. Net income was CNY 623.942 million compared to CNY 302.455 million a year ago. Basic earnings per share from continuing operations was CNY 0.61 compared to CNY 0.33 a year ago. Diluted earnings per share from continuing operations was CNY 0.6 compared to CNY 0.33 a year ago.
Hubei Xingfa Chemicals Group Co., Ltd. is a China-based company principally engaged in the production and sales of phosphorus chemical products. The Company's primary products include phosphate ores, yellow phosphorus, phosphoric acid, industrial grade and food grade sodium tripolyphosphate, industrial and food grade sodium hexametaphosphate, monoammonium phosphate, diammonium phosphate, glyphosate, organosilicone, Chlor-alkali and others. The Company is also engaged in the trading of related chemical products through its subsidiaries. The Company mainly distributes its products in domestic and overseas markets.
HUBEI XINGFA CHEMICALS GROUP CO., LTD. 
