Tongkun Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 15, 2021 at 04:08 am EDT
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Tongkun Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 45,832.692 million compared to CNY 50,582.430 million a year ago. Operating income was CNY 2,969.483 million compared to CNY 3,757.071 million a year ago. Net income was CNY 2,846.530 million compared to CNY 2,884.411 million a year ago. Basic earnings per share from continuing operations was CNY 1.52 compared to CNY 1.57 a year ago. Diluted earnings per share from continuing operations was CNY 1.39 compared to CNY 1.44 a year ago.
TONGKUN GROUP CO., LTD. is principally engaged in the research, development, manufacture and distribution of civil-used polyester filaments. The Company primarily provides pre-oriented yarns (POYs), draw textured yarns (DTYs), full draw yarns (FDYs), polyethylene terephthalate (PET) chips, spinning oil, among others. Its products are applied primarily in the manufacture of apparels and household textile products. The Company distributes its products in domestic and overseas markets.
TONGKUN GROUP CO., LTD. 
