Cangzhou Dahua Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 04:41 am EDT
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Cangzhou Dahua Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,720.61 million compared to CNY 1,081.19 million a year ago. Revenue was CNY 1,720.61 million compared to CNY 1,081.19 million a year ago. Net income was CNY 194.59 million compared to net loss of CNY 170.78 million a year ago. Basic earnings per share from continuing operations was CNY 0.4649 compared to basic loss per share from continuing operations of CNY 0.4147 a year ago. Diluted earnings per share from continuing operations was CNY 0.4649 compared to diluted loss per share from continuing operations of CNY 0.4147 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.