Chengdu Guibao Science & Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 20, 2020 at 10:25 am EDT
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Chengdu Guibao Science & Technology Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 155.866 million compared to CNY 180.711 million a year ago. Operating income was CNY 13.541 million compared to CNY 16.569 million a year ago. Net income was CNY 10.391 million compared to CNY 14.320 million a year ago. Basic earnings per share from continuing operations was CNY 0.0314 compared to CNY 0.0433 a year ago.
Chengdu Guibao Science & Technology Co Ltd is a China-based company mainly engaged in the research and development (R&D), production and sales of new materials such as silicone sealant. The Company's products include silicone sealant and silane coupling agent. The silicone sealant products include construction adhesives and industrial adhesives. The construction adhesives are mainly used in building curtain walls, insulating glass, energy-saving doors and windows, prefabricated buildings, interior decoration, airport roads and bridges and other fields. The industrial adhesives are mainly used in electronic and electrical appliances, photovoltaic, electric power, automobile and other fields. The silane coupling agent is mainly used in sealant, artificial quartz, glass fiber, coating ink, metal surface treatment agent and other fields.
CHENGDU GUIBAO SCIENCE & TECHNOLOGY CO.,LTD. 
