Hubei Zhenhua Chemical Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 04:06 am EDT
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Hubei Zhenhua Chemical Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 924.932 million compared to CNY 1,061.442 million a year ago. Operating income was CNY 145.728 million compared to CNY 140.840 million a year ago. Net income was CNY 126.717 million compared to CNY 118.896 million a year ago. Basic earnings per share from continuing operations was CNY 0.29 compared to CNY 0.28 a year ago.
Hubei Zhenhua Chemical Co Ltd is a China-based company mainly engaged in the research and development, manufacturing and sales of chromium salt by-products. The Company operates its business through four segments: Inorganic Salt-related Industry segment, Logistics and Transportation Industry segment, Construction Engineering segment and Other segment. The Company's products include sodium dichromate, potassium dichromate, chromic anhydride, chromium oxide green, basic chromium sulfate, refined Yuanming powder, chromium yellow, metallic chromium and ultrafine aluminum hydroxide, etc. The Company's products are used in surface treatment, pigments, tanning, medicine, dyes, new materials, spices, feed additives and other industries. The Company mainly conducts its businesses in the domestic market and overseas markets.
HUBEI ZHENHUA CHEMICAL CO.,LTD. 
