Jiangsu Canlon Building Materials Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 05:16 am EDT
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Jiangsu Canlon Building Materials Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,007.646 million compared to CNY 1,164.996 million a year ago. Operating income was CNY 318.101 million compared to CNY 158.573 million a year ago. Net income was CNY 278.551 million compared to CNY 135.444 million a year ago. Basic earnings per share from continuing operations was CNY 1.64 compared to CNY 0.93 a year ago. Diluted earnings per share from continuing operations was CNY 1.63 compared to CNY 0.93 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.