Valiant Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 25, 2019 at 04:30 am EDT
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Valiant Co.,Ltd announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,942.975 million compared to CNY 1,849.934 million a year ago. Operating income was CNY 443.347 million compared to CNY 354.958 million a year ago. Net income was CNY 366.368 million compared to CNY 306.227 million a year ago. Basic earnings per share from continuing operations was CNY 0.4 compared to CNY 0.34 a year ago.
Valiant Co.,Ltd, formerly Yantai Valiant Fine Chemicals Co., Ltd., is a China-based company principally engaged in the research, development, manufacture and sales of products of information materials, environmental protection materials and large health industries. The Company operates through three main segments. The Information Materials Industry segment is engaged in the manufacture and sales of display materials and other functional materials. The Environmental Protection Materials Industry segment is involved in the research, development and manufacture of new zeolite environmental protection material for tail gas purification. The Large Health Industry segment is engaged in the pharmaceutical production, life sciences and in vitro diagnostic services.