Polyrocks Chemical Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 04:54 am
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Polyrocks Chemical Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 570.882 million compared to CNY 319.601 million a year ago. Operating income was CNY 38.869 million compared to CNY 43.313 million a year ago. Net income was CNY 26.293 million compared to CNY 28.830 million a year ago. Basic earnings per share from continuing operations was CNY 0.36 compared to CNY 0.41 a year ago.
Polyrocks Chemical Co Ltd is a China-based company principally engaged in the research and development, production and sales of flame retardants, modified plastic particles and products. The Company's main products include halogen-free flame retardants, modified plastic particles and products. Among them, halogen-free flame retardants are mainly used in the production of flame-retardant plastics and flame-retardant coatings; modified plastic particles and products are mainly used in holiday lighting, electronics, wires and cables, automobiles, liquid crystal televisions and medical and health fields. The Company distributes its products both in the domestic market and to overseas markets