Guangdong Guoli Sci & Tech Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021 at 07:36 am EDT
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Guangdong Guoli Sci & Tech Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,472.53 million compared to CNY 1,377.71 million a year ago. Revenue was CNY 1,472.53 million compared to CNY 1,377.71 million a year ago. Net loss was CNY 57.24 million compared to CNY 185.58 million a year ago. Basic loss per share from continuing operations was CNY 0.36 compared to CNY 1.16 a year ago. Diluted loss per share from continuing operations was CNY 0.36 compared to CNY 1.16 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.