North Chemical Industries Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 12:58 pm
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North Chemical Industries Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 528.880 million compared to CNY 357.473 million a year ago. Operating income was CNY 32.623 million compared to CNY 5.169 million a year ago. Net income was CNY 27.180 million compared to CNY 2.106 million a year ago. Basic earnings per share from continuing operations was CNY 0.0495 compared to CNY 0.0038 a year ago.
North Chemical Industries Co Ltd is a China-based company mainly engaged in the manufacturing and sale of chemical raw materials and chemical products. The Company operates through three businesses. The cellulose and its derivatives business includes three series, four wetting agents and more than 80 brands of nitrocellulose products. The chemical defense and environmental protection business produces activated carbon deep adsorption purification devices and environmental protection equipment mainly based on regeneration, including activated carbon and catalysts, protective equipment and environmental protection equipment. The special industrial pump business is engaged in the research and development, manufacturing, sale and service of slurry pumps and industrial pumps. The Company mainly conducts business in domestic and foreign markets.