Shandong Dawn Polymer Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 24, 2021
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Shandong Dawn Polymer Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,927.87 million compared to CNY 3,306.81 million a year ago. Revenue was CNY 2,927.87 million compared to CNY 3,306.81 million a year ago. Net income was CNY 149.47 million compared to CNY 779.97 million a year ago. Basic earnings per share from continuing operations was CNY 0.37 compared to CNY 1.93 a year ago. Diluted earnings per share from continuing operations was CNY 0.37 compared to CNY 1.9 a year ago.
Shandong Dawn Polymer Co., Ltd. is a China-based company mainly engaged in the research and development, manufacture and sales of polymer composites. The Company operates through two business segments: Modified Plastics and Thermoplastic Elastomers Production and Operation segment and the Color Concentrate Production and Operation segment. The Companyâs products consist of modified plastics, including reinforcing and toughening modified plastics, flame-retardant modified plastics, high gloss modified plastics and others, as well as dynamic fully vulcanized thermoplastic elastomers and masterbatch products, including special masterbatch and multifunctional masterbatches. The products are applied to automobiles, home appliances, electronics, office equipment, aerospace, health and other areas. The Company distributes its products within domestic market and to overseas markets.