Wuxi Acryl Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 05:57 am EDT
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Wuxi Acryl Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 107.916 million compared to CNY 138.408 million a year ago. Operating income was CNY 13.023 million compared to CNY 8.431 million a year ago. Net income was CNY 10.758 million compared to CNY 7.356 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.08 a year ago.
Wuxi Acryl Technology Co.,Ltd. is a China-based company principally engaged in the research, development, production and sale of polyether amine, optical grade polymer materials, special epoxy resin and other new chemical products. The Company's main products include polyether amine, optical grade polymer resin, modified epoxy resin, acrylic resin and polyester resin. The Company's products are used in wind power blade manufacturing, shale gas extraction, jewelry plastic, epoxy floor, artificial marble, automotive surface coatings and environmental coatings. The Company distributes its products in domestic market and to overseas markets.
WUXI ACRYL TECHNOLOGY CO., LTD. 
