Shanghai Kinlita Chemical Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 12, 2020 at 03:49 am EDT
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Shanghai Kinlita Chemical Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 336.761 million compared to CNY 362.390 million a year ago. Operating income was CNY 13.595 million compared to CNY 15.598 million a year ago. Net income was CNY 15.355 million compared to CNY 16.226 million a year ago. Basic earnings per share from continuing operations was CNY 0.0326 compared to CNY 0.0345 a year ago.
Shanghai Kinlita Chemical Co., Ltd. is a China-based company principally engaged in the manufacture, processing and sales of coating products, solvents and additives, as well as the provision of related technical consulting and after-sales services. The Company's main products include cathodic electrophoretic coatings, topcoats, environmentally friendly and energy-saving materials and ceramic coatings. The Company's products are mainly used in automobiles, agricultural machinery, construction machinery, motorcycles, auto parts, light industrial parts and building curtain walls. The Company distributes its products in domestic market, with East China as its main market.
SHANGHAI KINLITA CHEMICAL CO., LTD. 
