Changzhou Tiansheng New Materials Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 05:48 am EDT
Share
Changzhou Tiansheng New Materials Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 695.703 million compared to CNY 670.733 million a year ago. Operating loss was CNY 12.476 million compared to operating Income of CNY 4.776 million a year ago. Net income was CNY 5.028 million compared to CNY 7.596 million a year ago. Basic earnings per share from continuing operations was CNY 0.0154 compared to CNY 0.0233 a year ago.
Changzhou Tiansheng New Materials Group Co Ltd is a China-based company mainly engaged in the research, development, production and sales of polymer foam materials. The Company's main products include soft foam plastic products, soft foam rubber products and polyvinyl chloride (PVC) rigid foam products. The Company's products are mainly used in home appliances, communications, information technology (IT), automobiles and other fields. The Company's structural foam material Strucell series products are used in wind power generation, rail transit, motor home campgrounds, shipbuilding, energy-saving buildings and other fields. The Company mainly conducts its business in domestic and foreign markets.
CHANGZHOU TIANSHENG NEW MATERIALS GROUP CO., LTD. 
