Longyan Zhuoyue New Energy Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 12, 2021 at 04:49 am EDT
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Longyan Zhuoyue New Energy Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,122.026 million compared to CNY 843.809 million a year ago. Operating income was CNY 112.201 million compared to CNY 157.919 million a year ago. Net income was CNY 106.340 million compared to CNY 146.766 million a year ago. Basic earnings per share from continuing operations was CNY 0.89 compared to CNY 1.22 a year ago.
Longyan Zhuoyue New Energy Co Ltd is a China-based company mainly engaged in the research, development, manufacture and sales of biodiesel and derivative products. The Company's products mainly include biodiesel, industrial glycerin, bio-ester plasticizer, environmentally friendly alkyd resin, etc. Its products are mainly used in power fuels, bio-based materials, polyvinyl chloride (PVC) products, plastic runways, paints, coatings, resins, paper, leather, and automotive antifreeze. The Company mainly conducts its businesses in domestic and overseas markets.