Hongbaoli Group Corporation, Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 03:58 am EDT
Share
Hongbaoli Group Corporation, Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,602.08 million compared to CNY 1,620.07 million a year ago. Revenue was CNY 2,602.08 million compared to CNY 1,620.07 million a year ago. Net income was CNY 42.69 million compared to CNY 72.82 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.07 compared to CNY 0.12 a year ago.
Hongbaoli Group Corp Ltd is a China-based company mainly engaged in the research and development, production and sales of chemical raw materials and products. The Company's main products include polyurethane rigid foam combination polyether, special polyether, isopropanolamine series products and other propylene oxide derivatives, as well as propylene oxide, diisopropylbenzene peroxide, dipropylene glycol and polyurethane insulation board. The Company's products are mainly used in refrigerators, freezers, refrigerated containers, building exterior wall insulation, tank insulation, cleaning agents, desulfurizers in oil and gas refining, pharmaceutical pesticide intermediates, propylene diamine, titanium dioxide, electronic cleaning, metal cutting, cement admixtures, curing agents, new energy and other industries. The Company mainly conducts its businesses in domestic and overseas markets.