Yangmei Chemical Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 24, 2021 at 02:36 pm IST
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Yangmei Chemical Co.,Ltd announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 9,445.346 million compared to CNY 8,230.712 million a year ago. Operating income was CNY 486.964 million compared to operating loss of CNY 727.483 million a year ago. Net income was CNY 335.602 million compared to net loss of CNY 618.077 million a year ago. Basic earnings per share from continuing operations was CNY 0.1412 compared to basic loss per share from continuing operations of CNY 0.2601 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.