Anshan Hifichem Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023
August 28, 2023 at 04:47 am EDT
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Anshan Hifichem Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 557.37 million compared to CNY 607.69 million a year ago. Revenue was CNY 571.62 million compared to CNY 633.16 million a year ago.
Net loss was CNY 11.84 million compared to net income of CNY 25.68 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to basic earnings per share from continuing operations of CNY 0.06 a year ago. Diluted loss per share from continuing operations was CNY 0.03 compared to diluted earnings per share from continuing operations of CNY 0.06 a year ago.
Anshan Hifichem Co., Ltd. is a China-based company mainly engaged in research and development, production and sales of high performance organic pigments. The Company's products mainly include high-performance organic pigment series, solvent dye series, intermediate series products and others. These products are mainly used in coatings, plastics and ink areas. The Company mainly conducts its businesses in domestic market.