Nanjing Chemical Fibre Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 04:02 am EDT
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Nanjing Chemical Fibre Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 133.6 million compared to CNY 138.82 million a year ago. Revenue was CNY 133.6 million compared to CNY 138.82 million a year ago. Net loss was CNY 31.55 million compared to net income of CNY 117.34 million a year ago. Basic loss per share from continuing operations was CNY 0.09 compared to basic earnings per share from continuing operations of CNY 0.32 a year ago. Diluted loss per share from continuing operations was CNY 0.09 compared to diluted earnings per share from continuing operations of CNY 0.32 a year ago.
Nanjing Chemical Fibre Co Ltd is a China-based company principally engaged in the production and sales of viscose staple fiber, polyethylene terephthalate (PET) structural core materials, and urban ecological water supply business. The Company primarily operates businesses through four segments. The Chemical segment is mainly engaged in the sales business of urban ecological water supply. The Bio-based segment mainly provides viscose staple fiber and lyocell fiber products. Shanghai Yueke segment mainly provides PET structural core material products. The Other segment is mainly engaged in the leasing of fixed assets, intangible assets, packaging materials, sales materials and other business. The Company distributes its products within the domestic market and to overseas markets.
NANJING CHEMICAL FIBER CO., LTD. 
