Danhua Chemical Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 08:59 am
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Danhua Chemical Technology Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 262.25 million compared to CNY 267.59 million a year ago. Revenue was CNY 262.25 million compared to CNY 267.59 million a year ago. Net loss was CNY 1.77 million compared to CNY 23.44 million a year ago. Basic loss per share from continuing operations was CNY 0.0017 compared to CNY 0.0231 a year ago. Diluted loss per share from continuing operations was CNY 0.0017 compared to CNY 0.0231 a year ago.
Danhua Chemical Technology Co Ltd is a China-based company principally engaged in the manufacture and distribution of chemical products. The Company's products portfolio consists of ethylene glycol, oxalic acid, as well as catalytic agents. The Company's products are mainly applied in the downstream fields such as polyester, pharmaceuticals and rare earths. In addition, the Company involves in the manufacture of copper palladium powder alloy, activated carbon and others. The Company distributes its products within domestic market and to overseas markets, with domestic market as its main market.