Jinneng Science&Technology Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2023
April 27, 2024 at 12:53 am IST
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Jinneng Science&Technology Co.,Ltd reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 13,945.13 million compared to CNY 15,488.43 million a year ago. Revenue was CNY 14,583.78 million compared to CNY 16,800.68 million a year ago.
Net income was CNY 137.38 million compared to CNY 249.17 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.29 a year ago.
Jinneng Science & Technology Co Ltd is a China-based company mainly engaged in the production and sales of chemical products. The Company's main businesses include fine chemicals, coal chemicals, and petrochemicals. The Company mainly integrates coking and chemical production, coal tar deep processing and carbon black production, p-cresol production, sour alkali and white carbon black production, sorbic acid and potassium sorbate production, methanol co-production of synthetic ammonia, gas turbine combined cycle thermal power co-production and other businesses are integrated. The Company's main products include coke, carbon black, white carbon black, sorbic acid and potassium sorbate, p-methyl phenol, methanol, pure benzene, etc., mainly used in steel, automobiles, plastics, chemical fiber, food, medicine and other industries. The Company distributes its products within the domestic market and to overseas market.
JINNENG SCIENCE&TECHNOLOGY CO.,LTD 
