Shandong Polymer Biochemicals Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 03:05 pm IST
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Shandong Polymer Biochemicals Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 311.227 million compared to CNY 338.947 million a year ago. Operating income was CNY 13.469 million compared to CNY 2.074 million a year ago. Net income was CNY 13.364 million compared to CNY 620,174.64 a year ago. Basic earnings per share from continuing operations was CNY 0.0218 compared to CNY 0.001 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.
SHANDONG POLYMER BIOCHEMICALS CO., LTD. 