Shanghai Kinlita Chemical Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 05, 2021 at 08:04 am EDT
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Shanghai Kinlita Chemical Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 479.506 million compared to CNY 336.761 million a year ago. Operating loss was CNY 26.296 million compared to operating Income of CNY 13.595 million a year ago. Net loss was CNY 17.768 million compared to net income of CNY 15.355 million a year ago. Basic loss per share from continuing operations was CNY 0.0363 compared to basic earnings per share from continuing operations of CNY 0.0326 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. 