Sunlour Pigment CO.,LTD. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 04:39 am EDT
Share
Sunlour Pigment CO.,LTD. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 326.99 million compared to CNY 380.27 million a year ago. Revenue was CNY 326.99 million compared to CNY 380.27 million a year ago. Net income was CNY 26.56 million compared to CNY 44.39 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to CNY 0.59 a year ago. Diluted earnings per share from continuing operations was CNY 0.27 compared to CNY 0.59 a year ago.
Sunlour Pigment Co Ltd is a China-based company engaged in the research and development, production, and sales of phthalocyanine series and chromium series pigments. The Company's phthalocyanine series pigments mainly include phthalocyanine blue and phthalocyanine green, which are mainly used for the coloring of printing, packaging, construction, decoration, machinery, furniture, children's toys, and other plastic products. The chromium pigments are mainly chrome yellow and molybdenum red, which are used in the fields of coatings and plastics. The coating field mainly includes road coatings, anti-corrosion coatings, coil coatings, and mechanical coatings; the plastic field includes coloring and advertising color manufacturing such as general masterbatch.