Shandong Rike Chemical Co.,LTD. Reports Earnings Results for the Full Year Ended December 31, 2021
April 19, 2022 at 05:36 am EDT
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Shandong Rike Chemical Co.,LTD. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 2,702.46 million compared to CNY 2,270.33 million a year ago. Revenue was CNY 2,772.85 million compared to CNY 2,274.59 million a year ago. Net income was CNY 190.17 million compared to CNY 207.04 million a year ago. Basic earnings per share from continuing operations was CNY 0.47 compared to CNY 0.49 a year ago. Diluted earnings per share from continuing operations was CNY 0.47 compared to CNY 0.49 a year ago.
Shandong Rike Chemical Co.,LTD. is a China-based company principally engaged in the research, development, production and sale of polyvinyl chloride (PVC) plastic modifier products. The Company's main products include Acrylic Additives (ACR) Impact Modifier, Acrylic chlorinated polyethylene Modifier (ACM) Low Temperature Toughening Agent and Acrylic-Methyl Methacrylate-Butadiene (AMB) Impact Modifier. The Company's products are mainly used in various kinds of plastic profiles, pipes, plates, profiles and foam materials. The Company distributes its products in domestic market and to overseas markets.