Yangmei Chemical Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 15, 2022 at 07:57 am EDT
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Yangmei Chemical Co.,Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 18,352.58 million compared to CNY 17,161.05 million a year ago. Revenue was CNY 18,737.37 million compared to CNY 17,950.22 million a year ago. Net income was CNY 431.71 million compared to CNY 128.94 million a year ago. Basic earnings per share from continuing operations was CNY 0.1817 compared to CNY 0.0543 a year ago. Diluted earnings per share from continuing operations was CNY 0.1817 compared to CNY 0.0543 a year ago.
Yangmei Chemical Co., Ltd. is a China based company principally engaged in the research, development, production and sales of coal chemical products and chemical equipments. The company's main products include urea, methanol, liquid ammonia, polyvinyl chloride, caustic soda, n-butanol, octanol, compound fertilizers, phosphorus trichloride, crude glycol, ammonium nitrate, calcium ammonium nitrate, melamine, hydrogen peroxide, ammonium bicarbonate, cyclohexylamine, dinaphthol and ammonium chloride. The Company's products are mainly used for agricultural fertilizers and chemical raw materials. The Company distributes its products in the domestic market and to overseas markets.