Jiangsu Jiangnan High Polymer Fiber Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 07:28 am EDT
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Jiangsu Jiangnan High Polymer Fiber Co.,Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 858.83 million compared to CNY 1,143.93 million a year ago. Revenue was CNY 874.82 million compared to CNY 1,144.54 million a year ago. Net income was CNY 102.57 million compared to CNY 232.68 million a year ago. Basic earnings per share from continuing operations was CNY 0.059 compared to CNY 0.134 a year ago. Diluted earnings per share from continuing operations was CNY 0.059 compared to CNY 0.134 a year ago.
JIANGSU JIANGNAN HIGH POLYMER FIBER CO., LTD is a China-based company, principally engaged in production of chemical fiber products and trading of chemical products. The Company mainly provides terylene wool tops and compound staple fibers. Through its subsidiaries, the Company is also engaged in the trading of chemical products, such as pure terephthalic acid for industry uses and industrial glycol, as well as the knitting, dyeing, finishing and processing of fabrics. The Company distributes its products within domestic market and to overseas markets.