Tian Jin Bohai Chemical Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 17, 2021 at 05:46 am EDT
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Tian Jin Bohai Chemical Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,734.712 million compared to CNY 3,824.575 million a year ago. Operating income was CNY 322.073 million compared to CNY 206.172 million a year ago. Net income was CNY 186.022 million compared to CNY 147.028 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.15 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.