Chongqing Sanxia Paints Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 19, 2021 at 07:44 am EDT
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Chongqing Sanxia Paints Co. Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 432.884 million compared to CNY 473.030 million a year ago. Operating income was CNY 51.760 million compared to CNY 74.519 million a year ago. Net income was CNY 55.074 million compared to CNY 64.906 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.15 a year ago.
Chongqing Sanxia Paints Co., Ltd is primarily engaged in the manufacture and wholesale of paints and coatings. The Company's products include anti-corrosive paints, industrial paints, automotive paints, construction paints, furniture paints and others. The Company also provides other chemical products. Through its subsidiaries, the Company is also engaged in the production and distribution of tablets, granules, capsules and bulk pharmaceutical chemicals, among others. The Company distributes its products principally in domestic market.