Hubei Kailong Chemical Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 19, 2021 at 04:24 am EDT
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Hubei Kailong Chemical Group Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,996.52 million compared to CNY 1,231.6 million a year ago. Revenue was CNY 1,996.52 million compared to CNY 1,231.6 million a year ago. Net income was CNY 32.23 million compared to CNY 62.09 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.16 a year ago. Diluted earnings per share from continuing operations was CNY 0.08 compared to CNY 0.16 a year ago.
HUBEI KAILONG CHEMICAL GROUP CO., LTD. is principally engaged in the manufacture and distribution of industrial explosives. The Company primarily provides modified ammonium nitrate-fuel oil explosives, including modified ammonium nitrate-fuel oil explosives for rocks; expanded ammonium nitrate explosives, including expanded ammonium nitrate explosives for rocks and expanded ammonium nitrate explosives for coal mines; emulsion explosives, including emulsion explosives for rocks and emulsion explosives for coal mines, as well as seismic explosive columns, including seismic explosive columns with low, medium and high detonation velocities, high power seismic explosive columns, emulsion seismic explosive columns and high strength seismic explosive columns. Its products are applied in petroleum, coal, mining, metallurgy, transportation, hydraulic, electric power, construction, national defense and other fields.