Cangzhou Dahua Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 04, 2021 at 05:16 am EDT
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Cangzhou Dahua Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,203.512 million compared to CNY 583.170 million a year ago. Operating income was CNY 185.158 million compared to operating loss of CNY 172.465 million a year ago. Net income was CNY 174.925 million compared to net loss of CNY 164.686 million a year ago. Basic earnings per share from continuing operations was CNY 0.4179 compared to basic loss per share from continuing operations of CNY 0.3999 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.