Guangdong Guoli Sci & Tech Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 29, 2021 at 04:02 am EDT
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Guangdong Guoli Sci & Tech Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,028.355 million compared to CNY 846.448 million a year ago. Operating income was CNY 20.875 million compared to operating loss of CNY 75.211 million a year ago. Net income was CNY 21.145 million compared to net loss of CNY 61.600 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to basic loss per share from continuing operations of CNY 0.38 a year ago.
Guangdong Quanwei Technology Co Ltd, formerly Guangdong Guoli Science and Technology Co Ltd, is a company engaged in research and development, production and sales of polymer materials and polymer material products. The Companyâs main products are comprised of ethylene-vinyl acetate (EVA) copolymers, EVA environmentally friendly modified materials and related products, such as foamed ethylene-vinyl acetate copolymers, shoe materials and electronic accessory products; thermo plastic rubber (TPR) environmentally friendly modified materials and related products, such as TPR environmentally modified rubber pellets and shoe materials; modified engineering plastics, such as acrylonitrile-butadiene-styrene copolymer. The products are used in high-end sports and leisure shoe materials, sports equipment, electronic ancillary products and household appliances.