Changzhou Tiansheng New Materials Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 05:13 am EDT
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Changzhou Tiansheng New Materials Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 670.733 million compared to CNY 658.274 million a year ago. Operating income was CNY 4.776 million compared to CNY 2.594 million a year ago. Net income was CNY 7.596 million compared to CNY 3.782 million a year ago. Basic earnings per share from continuing operations was CNY 0.0233 compared to CNY 0.0116 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 new polymer materials. The Company's products include soft foam materials, structural foam materials, post-processing products and transportation supporting products. The soft foam materials are used in electronic products, home appliances, automobiles, sports and leisure and other fields. The structural foam materials are used in wind power generation, rail transportation, ships, aerospace, building energy conservation and other fields. The post-processing business carries the application and promotion of the Company's series of structural core materials in the market. The transportation supporting products are mainly sound barrier products, which are used in high-speed railways, subways and other urban rail transportation fields. The Company mainly operates its businesses in the domestic market.
CHANGZHOU TIANSHENG NEW MATERIALS GROUP CO., LTD. 
