Cangzhou Dahua Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 21, 2022 at 06:49 am EDT
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Cangzhou Dahua Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 2,259.99 million compared to CNY 1,607.56 million a year ago. Revenue was CNY 2,387.38 million compared to CNY 1,653.26 million a year ago. Net income was CNY 220.28 million compared to CNY 36.94 million a year ago. Basic earnings per share from continuing operations was CNY 0.5347 compared to CNY 0.0897 a year ago. Diluted earnings per share from continuing operations was CNY 0.5333 compared to CNY 0.0897 a year ago.
CANGZHOU DAHUA CO., LTD. is a China-based company mainly engaged in the production and sales of chemicals. The Company's primary products include toluene diisocyanate (TDI), urea and ion-exchange membrane caustic soda, among others. The TDI is mainly used in the manufacture of polyurethane foams, elastomers, coatings, adhesives, among others. Urea is mainly used in the agricultural fertilizers, melamine, resins, plastics and pharmaceutical industries. The Company mainly distributes its products in domestic and overseas markets.