Polyrocks Chemical Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 08:12 pm
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Polyrocks Chemical Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 943.79 million compared to CNY 570.88 million a year ago. Revenue was CNY 943.79 million compared to CNY 570.88 million a year ago. Net income was CNY 16.95 million compared to CNY 26.29 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to CNY 0.36 a year ago. Diluted earnings per share from continuing operations was CNY 0.27 compared to CNY 0.36 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