Yangmei Chemical Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 25, 2020 at 09:23 am
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Yangmei Chemical Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 8,230.712 million compared to CNY 9,084.852 million a year ago. Operating loss was CNY 727.483 million compared to operating Income of CNY 25.911 million a year ago. Net loss was CNY 618.077 million compared to net income of CNY 25.731 million a year ago. Basic loss per share from continuing operations was CNY 0.2601 compared to basic earnings per share from continuing operations of CNY 0.0108 a year ago.
Yangmei Chemical Co., Ltd. is a China based company principally engaged in the research, development, production and sales of coal chemical products and chemical equipments. The company's main products include urea, methanol, liquid ammonia, polyvinyl chloride, caustic soda, n-butanol, octanol, compound fertilizers, phosphorus trichloride, crude glycol, ammonium nitrate, calcium ammonium nitrate, melamine, hydrogen peroxide, ammonium bicarbonate, cyclohexylamine, dinaphthol and ammonium chloride. The Company's products are mainly used for agricultural fertilizers and chemical raw materials. The Company distributes its products in the domestic market and to overseas markets.
YANGMEI CHEMICAL CO.,LTD 
