Tangshan Sanyou Chemical Industries Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 05:26 pm
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Tangshan Sanyou 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 5,634.501 million compared to CNY 4,022.136 million a year ago. Operating income was CNY 753.611 million compared to operating loss of CNY 294.636 million a year ago. Net income was CNY 593.919 million compared to net loss of CNY 212.922 million a year ago. Basic earnings per share from continuing operations was CNY 0.2877 compared to basic loss per share from continuing operations of CNY 0.1031 a year ago.
Tangshan Sanyou Chemical Industries Co Ltd is a Chian-based company mainly engaged in the production and sales of viscose staple fiber, soda ash, caustic soda, polyvinyl chloride, mixed methylcyclosiloxane and other series of products. The Company's main products include soda ash, viscose staple fiber, polyvinyl chloride resin, electricity, steam, caustic soda, dimethylsiloxane mixed rings, room temperature glue, high temperature glue, limestone and other products. The Company's products are mainly used in textile, glass, non-ferrous metal smelting, synthetic detergents, chemical building materials and other industries. The Company mainly operates its businesses in the domestic and overseas markets.