Hangzhou Nbond Nonwovens Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 08:55 am EDT
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HangZhou Nbond Nonwovens Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 881.957 million compared to CNY 510.309 million a year ago. Operating income was CNY 209.022 million compared to CNY 59.727 million a year ago. Net income was CNY 122.106 million compared to CNY 39.425 million a year ago. Basic earnings per share from continuing operations was CNY 1.02 compared to CNY 0.33 a year ago.
Hangzhou Nbond Nonwovens Co., Ltd. is principally engaged in research and development, manufacture and sales of spunlaced nonwovens and related products. The Company's main products include health cloths, synthetic leather substrates, beauty care materials, industrial cleaning cloths, medical protective materials, wet towel materials and personal health care products, among others. Its products are mainly applied in the fields of aesthetic nursing, industrial materials, civil cleaning and medical materials. The Company distributes its products within the domestic market and to overseas market.