Jiangsu Yabang Dyestuff Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 09:05 am EDT
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Jiangsu Yabang Dyestuff Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 345.954 million compared to CNY 809.659 million a year ago. Operating loss was CNY 202.875 million compared to operating Income of CNY 57.813 million a year ago. Net loss was CNY 155.631 million compared to net income of CNY 85.253 million a year ago. Basic loss per share from continuing operations was CNY 0.273 compared to basic earnings per share from continuing operations of CNY 0.1495 a year ago.
Jiangsu Yabang Dyestuff Co Ltd, formerly JIANGSU YABANG DYESTUFF.,LTD, is a China-based company principally engaged in the research, production, operation and sales of textile dyes and dye intermediates. The Company provides over 200 types of products, including anthraquinone structure disperse dyes and vat dyes. The Company also provides specialty chemicals, such as benzoyl chloride through its subsidiaries. Its products are mainly applied in textile fabrics and specialization of textile dyeing. The Company distributes its products within domestic market and to overseas markets.