GCH Technology Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
February 24, 2022 at 04:21 am EST
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GCH Technology Co.,Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 576.22 million compared to CNY 460.26 million a year ago. Net income was CNY 157.03 million compared to CNY 116.53 million a year ago.
Basic earnings per share from continuing operations was CNY 1.35 compared to CNY 1.17 a year ago.
GCH Technology Co Ltd is a China-based company mainly engaged in the manufacture of polymer material additives. The Company's main products nucleating agents, synthetic hydrotalcite and compound additives are key materials for the manufacture of high-performance resins and are at the upstream of the high-performance resin and modified plastics manufacturing industry. The Company's products can improve the general resin products of optical, mechanical properties and to improve the stability of resin products, made of high performance resin products can meet the food packaging contact materials, medical equipment, pharmaceutical packaging, infants and young children, auto parts, lithium battery materials, household appliances household items, lithium batteries, such as building materials like industry safety and environmental requirements.