Camlin Fine Sciences rose 4.90% to Rs 70.70 after the company said its Chinese subsidiary has resumed operations from 24 February 2020.
Camlin Fine Sciences' manufacturing facility -- CFS Wanglong Flavors (Ningbo) Company -- at Xiaocao's Town, Yuyao City, Zhejiang Province was shut down in January 2020 to effectively strengthen the prevention and control of pneumonia outbreaks of new coronavirus infections and prevent and control the epidemic. CFS Wanglong is producer of vanillin.The company reported a consolidated net profit of Rs 3.83 crore in Q3 December 2019 as compared to a net loss of Rs 0.79 crore in Q3 December 2018. Net sales in the December quarter rose 13.5% YoY to Rs 273.88 crore.
Camlin Fine Sciences is a provider of high-quality shelf life extension solutions including antioxidants, aroma ingredients and performance chemicals.
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