North Chemical Industries Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 06:03 pm IST
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North Chemical Industries Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 2,625.85 million compared to CNY 2,355.1 million a year ago. Revenue was CNY 2,633.49 million compared to CNY 2,358.58 million a year ago. Net income was CNY 121.53 million compared to CNY 90.18 million a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to CNY 0.16 a year ago. Diluted earnings per share from continuing operations was CNY 0.22 compared to CNY 0.16 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.