Shaanxi Xinghua Chemistry Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 23, 2021 at 04:49 pm IST
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Shaanxi Xinghua Chemistry Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 658.703 million compared to CNY 372.952 million a year ago. Operating income was CNY 137.301 million compared to CNY 7.114 million a year ago. Net income was CNY 116.631 million compared to CNY 5.613 million a year ago. Basic earnings per share from continuing operations was CNY 0.1108 compared to CNY 0.0053 a year ago.
Shaanxi Xinghua Chemistry Co., Ltd is a China-based company principally engaged in the production and sales of chemical fertilizers and chemical products. The Company's products include liquid ammonia, methanol, dimethyl formamide, mixed amines, ammonium chloride, soda ash, ammonium nitrate, nitric acid, compound fertilizers, iron powder, synthetic ammonia, industrial potassium nitrate and industrial gases. In addition, The Company also provides electricity and steam. The Company distributes its products both in the domestic market and to overseas markets.