North Chemical Industries Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 05:28 pm IST
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North Chemical Industries Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 528.880 million compared to CNY 357.473 million a year ago. Operating income was CNY 32.623 million compared to CNY 5.169 million a year ago. Net income was CNY 27.180 million compared to CNY 2.106 million a year ago. Basic earnings per share from continuing operations was CNY 0.0495 compared to CNY 0.0038 a year ago.
Sichuan Nitrocell Corp, formerly North Chemical Industries Co Ltd, is a China-based company principally engaged in the manufacturing and sales of chemical raw materials and chemical products. The Company's main business includes the manufacturing and sales of cellulose derivatives such as nitrocellulose, nitrocellulose color chips and nitrocellulose solution, the sales of hazardous chemicals and chemical products, the import and export of chemicals, as well as the manufacture, sales and maintenance of industrial pumps, valves and spare parts. The Company principally operates its businesses in the domestic market.
NORTH CHEMICAL INDUSTRIES CO., LTD. 
