Shandong Polymer Biochemicals Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 19, 2021 at 07:48 am EDT
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Shandong Polymer Biochemicals Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 262.731 million compared to CNY 232.397 million a year ago. Operating income was CNY 8.055 million compared to CNY 14.049 million a year ago. Net income was CNY 8.230 million compared to CNY 13.944 million a year ago. Basic earnings per share from continuing operations was CNY 0.0134 compared to CNY 0.0228 a year ago.
Shandong Polymer Bio-chemicals Co., Ltd. is a China-based company principally engaged in the businesses of energy and environmental protection. The Company operates through three main segments. The Chemical Products segment is mainly engaged in the production and sales of polyacrylamide and related chemicals for tertiary recovery and water treatment. The Oil and Gas Exploration and Development and Technical Services segment is mainly engaged in the exploration and development of oil and gas, as well as the provision of technical services, including comprehensive completed wells and oil and gas field production comprehensive management and others. The Environmental Water Treatment segment is mainly involved in the treatment of petroleum and petrochemical waste water, oil and sand, drilling fluid, fracturing fluid and others.
SHANDONG POLYMER BIOCHEMICALS CO., LTD. 
