Jiangyin Jianghua Microelectronics Materials Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 10:24 am EDT
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Jiangyin Jianghua Microelectronics Materials Co. Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 563.794 million compared to CNY 490.429 million a year ago. Operating income was CNY 67.647 million compared to CNY 35.640 million a year ago. Net income was CNY 58.192 million compared to CNY 34.518 million a year ago. Basic earnings per share from continuing operations was CNY 0.4078 compared to CNY 0.2432 a year ago.
Jiangyin Jianghua Micro-electronic Materials Co Ltd is a China-based company mainly engaged in the research and development, production and sales of wet electronic chemicals. The Company is mainly engaged in two businesses. The ultra-clean high-purity reagent business is engaged in the production and sales of ultra-clean high-purity reagents such as hydrogen peroxide, sulfuric acid, and hydrochloric acid. The photoresist supporting reagent business is engaged in the production and sales of photoresist supporting reagents such as ethyl acetate, butyl acetate, and n-butanol. The Company's products are mainly used in the cleaning, photolithography, development, etching, film removal, doping and other manufacturing processes of micro-fabrication of electronic components such as display panels, semiconductor chips, and solar cells. The Company mainly conducts its businesses in the domestic market.