Yangmei Chemical Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 09, 2021 at 02:13 pm IST
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Yangmei Chemical Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 17,950.217 million compared to CNY 17,929.405 million a year ago. Operating income was CNY 102.808 million compared to operating loss of CNY 627.473 million a year ago. Net income was CNY 128.938 million compared to net loss of CNY 524.188 million a year ago. Basic earnings per share from continuing operations was CNY 0.0543 compared to basic loss per share from continuing operations of CNY 0.2206 a year ago.
Yangmei Chemical Co., Ltd. is a China based company principally engaged in the research, development, production and sales of coal chemical products and chemical equipments. The company's main products include urea, methanol, liquid ammonia, polyvinyl chloride, caustic soda, n-butanol, octanol, compound fertilizers, phosphorus trichloride, crude glycol, ammonium nitrate, calcium ammonium nitrate, melamine, hydrogen peroxide, ammonium bicarbonate, cyclohexylamine, dinaphthol and ammonium chloride. The Company's products are mainly used for agricultural fertilizers and chemical raw materials. The Company distributes its products in the domestic market and to overseas markets.
YANGMEI CHEMICAL CO.,LTD 
