Lier Chemical Co.,LTD. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 10, 2022 at 09:30 am EDT
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Lier Chemical Co.,LTD. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CNY 2,664.37 million compared to CNY 1,120 million a year ago. Net income was CNY 444.51 million compared to CNY 106.69 million a year ago. Basic earnings per share from continuing operations was CNY 0.5972 compared to CNY 0.1451 a year ago.
For the nine months, sales was CNY 7,742.48 million compared to CNY 4,279.6 million a year ago. Net income was CNY 1,492.1 million compared to CNY 611.64 million a year ago. Basic earnings per share from continuing operations was CNY 2.0147 compared to CNY 0.8325 a year ago.
Lier Chemical Co., Ltd. is a China-based company principally engaged in the research, development, production and sale of pesticide active ingredients and formulations. The Company's products consist of herbicide, pesticide, fungicide, pharmaceutical and agricultural chemical intermediates, including clopyraid, picloram, fluroxypyr, trichlopyr, epoxiconazole, chlorpyrifos as well as glufosinate ammonium and others. The Company distributes its products within domestic market and to overseas markets.
LIER CHEMICAL CO.,LTD. 
