Jiangsu Liba Enterprise Joint-Stock Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 05:10 am EDT
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Jiangsu Liba Enterprise Joint-Stock Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 512.739 million compared to CNY 636.955 million a year ago. Operating income was CNY 57.424 million compared to CNY 93.253 million a year ago. Net income was CNY 51.831 million compared to CNY 77.797 million a year ago. Basic earnings per share from continuing operations was CNY 0.23 compared to CNY 0.35 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. 