Guangzhou Jointas Chemical Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 08:48 am EDT
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Guangzhou Jointas Chemical Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,016.051 million compared to CNY 932.619 million a year ago. Operating income was CNY 103.627 million compared to CNY 27.039 million a year ago. Net income was CNY 85.415 million compared to CNY 18.742 million a year ago. Basic earnings per share from continuing operations was CNY 0.51 compared to CNY 0.11 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. 
