Shandong Polymer Biochemicals Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 19, 2022 at 02:59 pm IST
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Shandong Polymer Biochemicals Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 529.73 million compared to CNY 446.31 million a year ago. Revenue was CNY 657.16 million compared to CNY 447.31 million a year ago. Net income was CNY 17.95 million compared to CNY 13.18 million a year ago. Basic earnings per share from continuing operations was CNY 0.0293 compared to CNY 0.0215 a year ago. Diluted earnings per share from continuing operations was CNY 0.0293 compared to CNY 0.0215 a year ago.
Shandong Polymer Bio-chemicals Co., Ltd. is a China-based company principally engaged in the businesses of energy and environmental protection. The Company operates through three main segments. The Chemical Products segment is mainly engaged in the production and sales of polyacrylamide and related chemicals for tertiary recovery and water treatment. The Oil and Gas Exploration and Development and Technical Services segment is mainly engaged in the exploration and development of oil and gas, as well as the provision of technical services, including comprehensive completed wells and oil and gas field production comprehensive management and others. The Environmental Water Treatment segment is mainly involved in the treatment of petroleum and petrochemical waste water, oil and sand, drilling fluid, fracturing fluid and others.