Beijing Lier High-Temperature Materials Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 08:53 am EDT
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Beijing Lier High-temperature Materials Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 3,216.800 million compared to CNY 2,569.981 million a year ago. Operating income was CNY 431.905 million compared to CNY 371.153 million a year ago. Net income was CNY 372.352 million compared to CNY 309.004 million a year ago. Basic earnings per share from continuing operations was CNY 0.314 compared to CNY 0.26 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.