Luxi Chemical Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 02:23 pm
Share
Luxi Chemical Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 7,651.37 million compared to CNY 6,216.31 million a year ago. Revenue was CNY 7,651.37 million compared to CNY 6,216.31 million a year ago. Net income was CNY 1,320.38 million compared to CNY 999.18 million a year ago. Basic earnings per share from continuing operations was CNY 0.693 compared to CNY 0.525 a year ago. Diluted earnings per share from continuing operations was CNY 0.693 compared to CNY 0.525 a year ago.
Luxi Chemical Group Co.,Ltd. is a China-based company principally engaged in the manufacture and distribution of chemicals, chemical materials and fertilizers. The Company primarily provides three categories of products, which includes nitrogenous fertilizers, compound fertilizers and chemical products. The Companyâs products mainly include caprolactam, polyol, polycarbonate, methane chloride, formic acid, chlorinated paraffin, nylon 6, benzyl chloride, silicone, urea and compound fertilizers, among others. The Company distributes its products in domestic market and to overseas markets.