Hubei Kailong Chemical Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 09:27 am
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Hubei Kailong Chemical Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 531.957 million compared to CNY 172.538 million a year ago. Operating loss was CNY 2.656 million compared to CNY 15.377 million a year ago. Net loss was CNY 6.225 million compared to CNY 15.858 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to CNY 0.04 a year ago.
HUBEI KAILONG CHEMICAL GROUP CO., LTD. is principally engaged in the manufacture and distribution of industrial explosives. The Company primarily provides modified ammonium nitrate-fuel oil explosives, including modified ammonium nitrate-fuel oil explosives for rocks; expanded ammonium nitrate explosives, including expanded ammonium nitrate explosives for rocks and expanded ammonium nitrate explosives for coal mines; emulsion explosives, including emulsion explosives for rocks and emulsion explosives for coal mines, as well as seismic explosive columns, including seismic explosive columns with low, medium and high detonation velocities, high power seismic explosive columns, emulsion seismic explosive columns and high strength seismic explosive columns. Its products are applied in petroleum, coal, mining, metallurgy, transportation, hydraulic, electric power, construction, national defense and other fields.
HUBEI KAILONG CHEMICAL GROUP CO., LTD. 
