Jiangsu Flag Chemical Industry Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 25, 2021 at 11:26 am
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Jiangsu Flag Chemical Industry Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 910.872 million compared to CNY 1,006.626 million a year ago. Operating income was CNY 104.024 million compared to CNY 140.860 million a year ago. Net income was CNY 92.302 million compared to CNY 123.817 million a year ago. Basic earnings per share from continuing operations was CNY 0.45 compared to CNY 0.6 a year ago. Diluted earnings per share from continuing operations was CNY 0.46 compared to CNY 0.62 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.