Shenyang Chemical Industry Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 22, 2019 at 02:49 pm EDT
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Shenyang Chemical Industry Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 4,882.338 million compared to CNY 4,686.831 million a year ago. Operating income was CNY 67.464 million compared to CNY 88.527 million a year ago. Net income was CNY 60.892 million compared to CNY 67.625 million a year ago. Basic earnings per share from continuing operations was CNY 0.074 compared to CNY 0.083 a year ago.
Shenyang Chemical Industry Co., Ltd. is principally engaged in the production and sale of chloro-alkali and petrochemical products. The Company operates in three segments, including Petrochemical Industry, Chloro-alkali and Polyether. Its major products include polyvinyl chloride (PVC) resin, petrol, diesel, propylene oxide, propylene, caustic soda, acrylic acid, acrylic ester and polyethylene (PE), among others. The Company operates its business mainly in Shenyang, Liaoning province, China.