Jiangsu Liba Enterprise Joint-Stock Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 24, 2021 at 07:39 am EDT
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Jiangsu Liba Enterprise Joint-Stock Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 744.979 million compared to CNY 512.739 million a year ago. Operating income was CNY 58.740 million compared to CNY 57.424 million a year ago. Net income was CNY 52.015 million compared to CNY 51.831 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.23 a year ago.
Jiangsu Liba Enterprise Joint-Stock Co., Ltd. is a China-based company primarily engaged in the research, development, production and sales of composite materials for household appliances. It main products include vinyl-coated metal (VCM) which covered with various functional films, primarily used in panels of household appliances, such as refrigerators and washing machines, as well as high-grade water heaters and doors; pre-coated metal (PCM) which covered with organic polymer coatings, primarily used in the lateral plates of household appliances, such as refrigerators and washing machines, as well as products such as microwave ovens and water heaters.