Wuxi Acryl Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 24, 2020 at 04:51 am EDT
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Wuxi Acryl Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 504.989 million compared to CNY 422.445 million a year ago. Operating income was CNY 44.087 million compared to CNY 38.496 million a year ago. Net income was CNY 39.207 million compared to CNY 33.424 million a year ago. Basic earnings per share from continuing operations was CNY 0.45 compared to CNY 0.39 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.