Jiangsu Liba Enterprise Joint-Stock Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 11:06 am EDT
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Jiangsu Liba Enterprise Joint-Stock Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 387.850 million compared to CNY 246.470 million a year ago. Operating income was CNY 39.438 million compared to CNY 31.824 million a year ago. Net income was CNY 34.270 million compared to CNY 26.613 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.12 a year ago.
Jiangsu Liba Enterprise Joint-Stock Co., Ltd. is a China-based company primarily engaged in the research, development, production and sales of composite materials for household appliances. It main products include vinyl-coated metal (VCM) which covered with various functional films, primarily used in panels of household appliances, such as refrigerators and washing machines, as well as high-grade water heaters and doors; pre-coated metal (PCM) which covered with organic polymer coatings, primarily used in the lateral plates of household appliances, such as refrigerators and washing machines, as well as products such as microwave ovens and water heaters.
JIANGSU LIBA ENTERPRISE JOINT-STOCK CO., LTD. 
