Shanghai Kinlita Chemical Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 15, 2020 at 07:34 am EDT
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Shanghai Kinlita Chemical Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 594.126 million compared to CNY 562.194 million a year ago. Operating income was CNY 67.774 million compared to CNY 27.084 million a year ago. Net income was CNY 65.606 million compared to CNY 25.667 million a year ago. Basic earnings per share from continuing operations was CNY 0.1341 compared to CNY 0.0546 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. 