Tian Jin Bohai Chemical Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2022
March 14, 2023 at 06:18 pm IST
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Tian Jin Bohai Chemical Co.,Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CNY 6,047.49 million compared to CNY 4,246.14 million a year ago. Revenue was CNY 6,048.13 million compared to CNY 4,246.64 million a year ago.
Net loss was CNY 38.24 million compared to net income of CNY 187.79 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to basic earnings per share from continuing operations of CNY 0.16 a year ago. Diluted loss per share from continuing operations was CNY 0.03 compared to diluted earnings per share from continuing operations of CNY 0.16 a year ago.
Tian Jin Bohai Chemical Co Ltd, formerly Tian Jin Global Magnetic Card Co Ltd, is a China-based company principally engaged in the manufacturing and sales of magnetic cards, smart card application systems and related equipment. The Company operates through magnetic card segment, printing segment and equipment segment. The Company's data card products include magnetic stripe cards and smart cards. The printed products include packaging and decorating products, publications and tickets. The smart card applications and related equipment products include city card management system and related equipment, cards and others. The Company is also engaged in modern petrochemical business, and its main products are propylene products. The Company mainly conducts its businesses in the domestic and to overseas markets.