Beijing Lier High-Temperature Materials Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 23, 2021 at 04:51 am EDT
Share
Beijing Lier High-temperature Materials Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,217.931 million compared to CNY 1,042.442 million a year ago. Operating income was CNY 132.954 million compared to CNY 119.789 million a year ago. Net income was CNY 111.534 million compared to CNY 96.887 million a year ago. Basic earnings per share from continuing operations was CNY 0.096 compared to CNY 0.08 a year ago.
Beijing Lirr High-temperature Materials Co Ltd is a China-based company, principally engaged in the manufacture and distribution of fireproof materials. The Company primarily provides unsetting fireproof materials, machine press setting fireproof products, fireproof preformed units, functional fireproof materials, ceramic fiber products, burning high purity oxide products and others. The Company is also engaged in the design, research and development, deployment, manufacturing, installation, construction, using and maintenance of fireproof materials of high temperature heat engineering furnace and equipment, as well as the provision of related technical services. The Company's fireproof products are mainly applied in steels, nonferrous metals, petrochemical engineering, construction materials and other industries. The Company distributes its products within domestic market and to overseas markets.