China XD Plastics (CXDC) Reports Q4 Loss of $0.97 on Revenues of $310.5M
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Specialty Chemical Company China XD Plastics Announces Fourth Quarter and Fiscal Year 2019 Financial Results
June 1, 2020 7:30 AM EDTRevenue of $1,448.2 million
HARBIN, China, June 1, 2020 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC) ("China XD Plastics" or the "Company"), one of China's leading specialty chemical companies engaged in the development, manufacture and sale of polymer composite materials primarily for automotive applications, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2019.
Fourth Quarter 2019 Financial Highlights
Revenue was $310.5 million, a decrease of 11.2% YoY and a decrease of 16.8% sequentially Gross profit was $43.7 million, a... More