Guangzhou Jointas Chemical Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 28, 2019 at 01:34 pm EDT
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Guangzhou Jointas Chemical Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 174.686 million compared to CNY 166.169 million a year ago. Operating income was CNY 4.618 million compared to operating loss of CNY 1.677 million a year ago. Net income was CNY 2.587 million compared to net loss of CNY 1.856 million a year ago. Basic earnings per share from continuing operations was CNY 0.016 compared to basic loss per share from continuing operations of CNY 0.011 a year ago.
Guangzhou Jointas Chemical Co Ltd is a China-based company principally engaged in the research, development, production and sale of coatings and sealant products, as well as the provision of related services. The Company's main products include silicone sealants, water-based sealants, other sealants, asphalt paint and water-based paint. The Company's products are used in various areas, such as construction, home decoration, container manufacturing, steel structure manufacturing, petrochemical equipment and ship yacht equipment. The Company distributes its products mainly in domestic market.
GUANGZHOU JOINTAS CHEMICAL CO., LTD. 
