Crown Asia Chemicals Corporation Announces 28% Growth For 1st Quarter 2021
Crown Asia Chemicals Corporation (PSE: CROWN) disclosed an pleasant 2021 first quarter revenue growth over the same period in 2020 and 2019 at 27.81% and 21.32 %, respectively, in view of the Pandemic which started March 2019.
In the backdrop of economic difficulties wrought by the Covid – 19 Pandemic., the growth achievements can be attributed to a confluence of sustainability, resiliency and teamwork for which team CROWN is known for, counting on good governance, fair business ethics, the trust of Customers for quality, safety and reliability, the confidence of suppliers and financial institutions.
Investors consistently received good returns for their valued investments in CROWN, which maintains the CROWN shares price in unwavering stable trends that bodes well for value investors who look for sound investment opportunities.
Crown consistently distributed cash dividends to its shareholders over the past six (6) years providing superior returns to investors.
Crown Asia Chemicals Corporation is known for its premium products such as PVC Compounds for electrical wires and the leading Crown Pipes. It is the first and has been the only PVC Pipe Manufacturer listed in the Philippine Stock Exchange.
The Company is ISO9001: 2015 Certified for both its PVC Compounds and Crown PVC Pipe Divisions having met consistently the quality processes of ISO. Further, the Company adheres to sound environmental practices and conducts social outreach to communities in need during disasters.