Suzhou Kingswood Printing Ink Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 06:27 am EDT
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Suzhou Kingswood Printing Ink Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 384.196 million compared to CNY 442.246 million a year ago. Operating income was CNY 101.312 million compared to CNY 85.193 million a year ago. Net income was CNY 61.828 million compared to CNY 35.628 million a year ago. Basic earnings per share from continuing operations was CNY 0.2406 compared to CNY 0.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.2392 compared to CNY 0.15 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.