Jiangsu Canlon Building Materials Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 03:59 am EDT
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Jiangsu Canlon Building Materials Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 445.138 million compared to CNY 244.872 million a year ago. Operating income was CNY 72.162 million compared to CNY 34.195 million a year ago. Net income was CNY 54.154 million compared to CNY 26.543 million a year ago. Basic earnings per share from continuing operations was CNY 0.32 compared to CNY 0.16 a year ago.
Jiangsu Canlon Building Materials Co Ltd is a company mainly engaged in research and development, production and sales of building waterproof materials. The Company's products include polymer coils, asphalt-based coils, polyurethane coatings, polymer cement coatings and so on, which are used in a range of public facilities and infrastructure construction projects, including high-speed railways, subways, tunnels and airports. The Company also provides waterproofing construction services. The Company sells its products to both domestic and international markets, including Pakistan, Thailand, Britain, Norway, Singapore, Australia and Egypt.