Kangxin New Materials Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 664.486 million compared to CNY 1,547.364 million a year ago. Operating loss was CNY 163.820 million compared to operating Income of CNY 368.739 million a year ago. Net loss was CNY 174.571 million compared to net income of CNY 346.848 million a year ago. Basic loss per share from continuing operations was CNY 0.17 compared to basic earnings per share from continuing operations of CNY 0.34 a year ago.