Suzhou Kingswood Education Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 27, 2021 at 08:48 am EDT
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Suzhou Kingswood Education Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 848.813 million compared to CNY 958.818 million a year ago. Operating income was CNY 174.017 million compared to CNY 195.613 million a year ago. Net income was CNY 114.343 million compared to CNY 80.521 million a year ago. Basic earnings per share from continuing operations was CNY 0.41 compared to CNY 0.33 a year ago. Diluted earnings per share from continuing operations was CNY 0.4 compared to CNY 0.33 a year ago.
Suzhou Kingswood Education Technology Co Ltd, formerly Suzhou Kingswood Printing Ink Co Ltd, is a China-based company principally engaged in the research, development, production and sale of printing offset inks. The Company's main products include high-gloss offset inks, high-wear offset inks, quick-drying high-gloss offset inks and other offset inks. The Company owns brand names of Dongwu Inks and Kingswood. The Company's products are mainly used in food, electronics, cosmetics and chemical industries. The Company distributes its products in domestic market and to overseas markets, such as the United States, Europe and India.