Jiangsu Huachang Chemical Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 01:19 pm IST
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Jiangsu Huachang Chemical Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,372.51 million compared to CNY 2,053.98 million a year ago. Revenue was CNY 2,372.51 million compared to CNY 2,053.98 million a year ago. Net income was CNY 243.96 million compared to CNY 318.3 million a year ago. Basic earnings per share from continuing operations was CNY 0.2562 compared to CNY 0.3342 a year ago. Diluted earnings per share from continuing operations was CNY 0.2562 compared to CNY 0.3342 a year ago.
JIANGSU HUACHANG CHEMICAL CO., LTD is a China-based company, principally engaged in the manufacture and distribution of chemical fertilizers, soda ash and fine chemical products. The Company's main products include urea, soda ash, compound fertilizers, ammonium chloride, methanol and synthetic ammonia, among others. The Company is also engaged in the import and export trading of coal and fertilizers raw materials. The Company distributes its products in domestic and overseas markets.