Tian Jin Bohai Chemical Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 05:21 am EDT
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Tian Jin Bohai Chemical Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 916.916 million compared to CNY 12.833 million a year ago. Operating income was CNY 92.604 million compared to operating loss of CNY 83.331 million a year ago. Net income was CNY 65.814 million compared to net loss of CNY 119.007 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to basic loss per share from continuing operations of CNY 0.14 a year ago.
Tian Jin Bohai Chemical Co Ltd, formerly Tian Jin Global Magnetic Card Co Ltd, is a China-based company principally engaged in the manufacturing and sales of magnetic cards, smart card application systems and related equipment. The Company operates through magnetic card segment, printing segment and equipment segment. The Company's data card products include magnetic stripe cards and smart cards. The printed products include packaging and decorating products, publications and tickets. The smart card applications and related equipment products include city card management system and related equipment, cards and others. The Company is also engaged in modern petrochemical business, and its main products are propylene products. The Company mainly conducts its businesses in the domestic and to overseas markets.