Jiangsu Jiuding New Material Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 25, 2020 at 08:14 am EDT
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Jiangsu Jiuding New Material Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 482.004 million compared to CNY 427.862 million a year ago. Operating income was CNY 12.874 million compared to CNY 5.911 million a year ago. Net income was CNY 9.483 million compared to CNY 4.594 million a year ago. Basic earnings per share from continuing operations was CNY 0.0285 compared to CNY 0.0138 a year ago.
Jiangsu Amer New Material Co Ltd, formerly Jiangsu Jiuding New Material Co Ltd, is a China-based company principally engaged in the manufacture and distribution of glass fiber deep-processing products, glass fiber composites and high-performance fiberglass, high-performance glass fiber reinforced base materials. The Company's products include grinding wheel mesh, grille, pultruded profiles, environmental equipment, storage tanks, wind turbine cabin cover, blades, high modulus of glass fiber and products as well as continuous felt. The Company distributes its products in the domestic market and to overseas markets.
JIANGSU AMER NEW MATERIAL CO., LTD. 