Jiangsu Jiangnan High Polymer Fiber Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 05:20 am EDT
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Jiangsu Jiangnan High Polymer Fiber Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 889.272 million compared to CNY 816.828 million a year ago. Operating income was CNY 242.410 million compared to CNY 57.968 million a year ago. Net income was CNY 206.718 million compared to CNY 49.521 million a year ago. Basic earnings per share from continuing operations was CNY 0.1194 compared to CNY 0.0286 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.