Nanjing Chemical Fiber Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
July 31, 2020 at 02:09 pm IST
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Nanjing Chemical Fiber Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 136.647 million compared to CNY 404.873 million a year ago. Operating loss was CNY 39.775 million compared to CNY 20.682 million a year ago. Net loss was CNY 41.303 million compared to CNY 7.466 million a year ago. Basic loss per share from continuing operations was CNY 0.11 compared to CNY 0.018 a year ago.
Nanjing Chemical Fibre Co Ltd is a China-based company principally engaged in the production and sales of viscose staple fiber, polyethylene terephthalate (PET) structural core materials, and urban ecological water supply business. The Company primarily operates businesses through four segments. The Chemical segment is mainly engaged in the sales business of urban ecological water supply. The Bio-based segment mainly provides viscose staple fiber and lyocell fiber products. Shanghai Yueke segment mainly provides PET structural core material products. The Other segment is mainly engaged in the leasing of fixed assets, intangible assets, packaging materials, sales materials and other business. The Company distributes its products within the domestic market and to overseas markets.
NANJING CHEMICAL FIBER CO., LTD. 
