Zhejiang Jianye Chemical Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
February 10, 2020 at 07:05 pm EST
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Zhejiang Jianye Chemical Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,675.654 million compared to CNY 0 a year ago. Operating income was CNY 151.453 million compared to CNY 0 a year ago. Net income was CNY 142.533 million compared to CNY 0 a year ago. Basic earnings per share from continuing operations was CNY 1.19 compared to CNY 0 a year ago.
Zhejiang Jianye Chemical Co., Ltd. is a China-based company mainly engaged in fine chemical products business. The Company's main business is the manufacturing, research, development and sales of low-carbon fatty amines, plasticizers, acetates, and electronic chemicals. Low-carbon fatty amines are widely used in downstream industries such as pesticides, medicines, coatings, dyes, catalysts, curing agents, new energy materials, cosmetics, food additives, fertilizer slow-release agents, and preservatives. Plasticizers are a class of organic substances that are used to enhance the fluidity of plastics during processing and make plastic products flexible. Acetate is widely used in solvents, plasticizers, surfactants and polymer monomers. The Company distributes its products within domestic market and to overseas markets.