Jiangsu Yida Chemical Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 22, 2021 at 08:44 am
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Jiangsu Yida Chemical Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,065.4 million compared to CNY 732.81 million a year ago. Revenue was CNY 1,065.4 million compared to CNY 732.81 million a year ago. Net income was CNY 92.9 million compared to net loss of CNY 4.85 million a year ago. Basic earnings per share from continuing operations was CNY 1.0967 compared to basic loss per share from continuing operations of CNY 0.0617 a year ago. Diluted earnings per share from continuing operations was CNY 1.0967 compared to diluted loss per share from continuing operations of CNY 0.0617 a year ago.
Jiang Su Yida Chemical Co Ltd is a China-based company principally engaged in research, development, production and sales of alcohol ether and alcohol ether ester organic chemical products. The Company's main products include propylene glycol ether and propylene glycol ether ester products, as well as glycol ether and glycol ether ester products. The Company distributes its products under the brand name, Yida. The Company's products are used in coatings, inks, electronics, copper clad laminates, automotive brake fluids, pesticides, pharmaceuticals, printing, cleaning agents and consumer chemicals.