Zhejiang Yangfan New Materials Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 22, 2019 at 11:51 am EDT
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Zhejiang Yangfan New Materials Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 279.731 million compared to CNY 252.793 million a year ago. Operating income was CNY 79.907 million compared to CNY 75.334 million a year ago. Net income was CNY 69.444 million compared to CNY 67.034 million a year ago. Basic earnings per share from continuing operations was CNY 0.3 compared to CNY 0.54 a year ago. Diluted earnings per share from continuing operations was CNY 0.29 compared to CNY 0.54 a year ago.
Zhejiang Yangfan New Materials Co Ltd is a company mainly engaged in research, development, production and sales of photoinitiators and mercapto compounds. The Company's primary product is the photoinitiators, including 907, ITX and BMS. The product is used in photocurable materials, printed circuit boards, microelectronics processing, paper making and household appliances. The Company is also involved in producing mercapto compounds as pesticide intermediates, pharmaceutical intermediates and dye intermediates.
ZHEJIANG YANGFAN NEW MATERIALS CO., LTD. 
