Lier Chemical Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 21, 2020 at 03:39 am EDT
Share
Lier Chemical Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 980.776 million compared to CNY 1,017.783 million a year ago. Operating income was CNY 103.300 million compared to CNY 107.221 million a year ago. Net income was CNY 83.380 million compared to CNY 72.245 million a year ago. Basic earnings per share from continuing operations was CNY 0.159 compared to CNY 0.1378 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.