Shandong Haihua Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 03:57 am EDT
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Shandong Haihua Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,145.525 million compared to CNY 863.291 million a year ago. Operating income was CNY 89.429 million compared to operating loss of CNY 27.881 million a year ago. Net income was CNY 65.160 million compared to net loss of CNY 20.602 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to basic loss per share from continuing operations of CNY 0.02 a year ago.
Shandong Haihua Co Ltd is a China-based company principally engaged in the production and sales of basic chemical products and chemical raw materials. The Company's main products include soda ash, caustic soda, bromine, calcium chloride, baking soda, crude salt, potassium sulfate, magnesium chloride and other chemical products applied to glass, inorganic salts, metallurgy, medicine, petroleum, leather, textile printing and dyeing, food, papermaking and other industries. The Company mainly conducts its business in the domestic market and overseas markets.