Shandong Haihua Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 01:15 pm IST
Share
Shandong Haihua Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 863.291 million compared to CNY 1,069.579 million a year ago. Operating loss was CNY 27.881 million compared to operating Income of CNY 118.356 million a year ago. Net loss was CNY 20.602 million compared to net income of CNY 90.878 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to basic earnings per share from continuing operations of CNY 0.1 a year ago.
Shandong Haihua Co Ltd is a China-based company principally engaged in the production and sales of basic chemical products. The Company's main products include soda ash, bromine, raw salt, caustic soda, calcium chloride, baking soda, potassium sulfate, magnesium chloride and other chemical products. The company's main chemical brands include Yuandu brand soda ash and Goat brand bromine. The Company's products principally distributes its products within domestic markets and to overseas markets.