Lily Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 03:48 pm EDT
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Lily Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 388.700 million compared to CNY 458.927 million a year ago. Operating income was CNY 38.481 million compared to CNY 44.730 million a year ago. Net income was CNY 31.434 million compared to CNY 37.146 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.17 a year ago.
Lily Group Co., Ltd. is a China-based company principally engaged in the research, design, manufacture and distribution of organic pigments and related intermediates. The Companyâs products include high performance heterocyclic pigments, high performance azo pigments, traditional azo pigments, as well as intermediates. Its products are mainly applied in the medium and high grade ink, coating, and plastic coloring. The Company distributes its products within domestic market and to overseas markets.