Jiangsu Jiangnan High Polymer Fiber Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 10, 2020 at 03:40 am EDT
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Jiangsu Jiangnan High Polymer Fiber Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 665.295 million compared to CNY 537.752 million a year ago. Operating income was CNY 199.415 million compared to CNY 30.508 million a year ago. Net income was CNY 168.071 million compared to CNY 26.080 million a year ago. Basic earnings per share from continuing operations was CNY 0.0971 compared to CNY 0.0151 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.