Cangzhou Dahua Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 06:45 am EDT
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Cangzhou Dahua Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,612.857 million compared to CNY 3,549.736 million a year ago. Operating income was CNY 11.347 million compared to CNY 1,523.030 million a year ago. Net income was CNY 49.589 million compared to CNY 1,028.868 million a year ago. Basic earnings per share from continuing operations was CNY 0.1204 compared to CNY 2.4981 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.
CANGZHOU DAHUA CO., LTD. 
