Cangzhou Dahua Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 06:25 am EDT
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Cangzhou Dahua Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 959.64 million compared to CNY 584.81 million a year ago. Revenue was CNY 959.64 million compared to CNY 584.81 million a year ago. Net income was CNY 97.7 million compared to CNY 89.93 million a year ago. Basic earnings per share from continuing operations was CNY 0.2334 compared to CNY 0.2183 a year ago. Diluted earnings per share from continuing operations was CNY 0.2334 compared to CNY 0.2183 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.
CANGZHOU DAHUA CO., LTD. 
