Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 10:17 am EDT
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Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 5,061.313 million compared to CNY 4,472.306 million a year ago. Operating income was CNY 835.294 million compared to CNY 196.990 million a year ago. Net income was CNY 720.541 million compared to CNY 173.486 million a year ago. Basic earnings per share from continuing operations was CNY 0.623 compared to CNY 0.15 a year ago.
Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. is a China-based company principally engaged in the research, development, production and sale of functional film. The Company's main products include polymer composites, new optoelectronic materials, optical film, solar cell backing film, back sheets, polyester capacitive film, variable information materials, heat shrinkable materials and polyester base film. The Company's products are mainly used in the area of packaging in food, beverage, medicine and daily necessity industries. The Company distributes its products in domestic and to overseas markets.
JIANGSU SHUANGXING COLOR PLASTIC NEW MATERIALS CO., LTD. 
