Tangshan Sanyou Chemical Industries Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 02:40 pm IST
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Tangshan Sanyou Chemical Industries Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 7,981.944 million compared to CNY 10,478.428 million a year ago. Operating loss was CNY 385.070 million compared to operating Income of CNY 558.982 million a year ago. Net loss was CNY 269.345 million compared to net income of CNY 390.405 million a year ago. Basic loss per share from continuing operations was CNY 0.1305 compared to basic earnings per share from continuing operations of CNY 0.1891 a year ago.
Tangshan Sanyou Chemical Industries Co Ltd is a Chian-based company mainly engaged in the production and sales of viscose staple fiber, soda ash, caustic soda, polyvinyl chloride, mixed methylcyclosiloxane and other series of products. The Company's main products include soda ash, viscose staple fiber, polyvinyl chloride resin, electricity, steam, caustic soda, dimethylsiloxane mixed rings, room temperature glue, high temperature glue, limestone and other products. The Company's products are mainly used in textile, glass, non-ferrous metal smelting, synthetic detergents, chemical building materials and other industries. The Company mainly operates its businesses in the domestic and overseas markets.