Shandong Rike Chemical Co.,LTD. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 02:41 pm IST
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Shandong Rike Chemical Co.,LTD. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,951.89 million compared to CNY 1,680.17 million a year ago. Revenue was CNY 1,951.89 million compared to CNY 1,680.17 million a year ago. Net income was CNY 133.38 million compared to CNY 180.77 million a year ago. Basic earnings per share from continuing operations was CNY 0.3026 compared to CNY 0.42 a year ago. Diluted earnings per share from continuing operations was CNY 0.3026 compared to CNY 0.42 a year ago.
Shandong Rike Chemical Co.,LTD. is a China-based company principally engaged in the research, development, production and sale of polyvinyl chloride (PVC) plastic modifier products. The Company's main products include Acrylic Additives (ACR) Impact Modifier, Acrylic chlorinated polyethylene Modifier (ACM) Low Temperature Toughening Agent and Acrylic-Methyl Methacrylate-Butadiene (AMB) Impact Modifier. The Company's products are mainly used in various kinds of plastic profiles, pipes, plates, profiles and foam materials. The Company distributes its products in domestic market and to overseas markets.