Jiangsu Flag Chemical Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 10:47 am
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Jiangsu Flag Chemical Industry Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 697.01 million compared to CNY 493.57 million a year ago. Revenue was CNY 697.01 million compared to CNY 493.57 million a year ago. Net income was CNY 108.49 million compared to CNY 60.04 million a year ago. Basic earnings per share from continuing operations was CNY 0.3467 compared to CNY 0.1933 a year ago. Diluted earnings per share from continuing operations was CNY 0.3467 compared to CNY 0.1933 a year ago.
Jiangsu Flag Chemical Industry Co Ltd is a China-based company mainly engaged in the research, development, production and sales of pesticides and intermediates. The Company's main business is the research and development, production and sales of pesticide products. The Company's main products include fluopyr, imazapyr, clodinafop, fenacetate, flufenacet and others, as well as lufenuron, clothianidin and other original drugs, preparations and intermediates and other products. The Company's products are mainly used as herbicides, fungicides, insecticides and other fields. The Company's pesticide products are sold to domestic and foreign markets.