China XD Plastics (CXDC) Reports Q2 EPS of $0.26 on Revenues of $283.2M

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Specialty Chemical Company China XD Plastics Announces Second Quarter 2020 Financial Results

August 14, 2020 7:30 AM EDT

Revenue of $283.2 million Net Income of $17.6 million

HARBIN, China, Aug. 14, 2020 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC) ("China XD," the "Company" or "we"), 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 secondquarter ended June 30, 2020.

Second Quarter 2020 Financial Highlights 

Revenue was $283.2 million, a decrease of 38.8% YoY and an increase of 95.6%... More