Jiangsu Xiuqiang Glasswork Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
February 19, 2021 at 06:42 am EST
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Jiangsu Xiuqiang Glasswork Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,286.337 million compared to CNY 1,269.053 million a year ago. Operating income was CNY 141.736 million compared to CNY 85.075 million a year ago. Net income was CNY 121.934 million compared to CNY 124.888 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.21 a year ago.
Jiangsu Xiuqiang Glasswork Co., Ltd. is a China-based company principally engaged in the deep processing of glass and operation, management of kindergartens. The Company operates through two main segments. The Deep Processing of Glass segment is mainly involved in the research, development, manufacture and sales of deep processing glass products which include appliance glass, household glass, photovoltaic glass and cover plate glass of display screens. The Operation and Management of Kindergartens segment is mainly involved in the acquisition of kindergartens and provision of integrated solution plans for kindergartens.