Wuxi Double Elephant Micro Fibre Material Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 03:54 am EDT
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Wuxi Double Elephant Micro Fibre Material Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 587.670 million compared to CNY 662.966 million a year ago. Operating income was CNY 22.423 million compared to CNY 10.170 million a year ago. Net income was CNY 18.463 million compared to CNY 20.163 million a year ago. Basic earnings per share from continuing operations was CNY 0.0688 compared to CNY 0.0752 a year ago.
Wuxi Double Elephant Micro Fibre Material Co., Ltd. is a China-based company principally engaged in the manufacture and sales of artificial leather, synthetic leather and polymethyl methacrylate (PMMA) resin. The Company's main products include ultra-fine fiber ultra-real leather, polyurethane polyurethane (PU) synthetic leather, polyvinyl chloride (PVC) artificial leather, PMMA resin and others. The Company's products are mainly used in automobiles, furniture, balls and sports equipment, clothing and footwear, luggage and accessories, liquid crystal display (LCD) light guide plates, light-emitting diode (LED) related products, optical fibers, optical lens, solar photovoltaic batteries, compact discs (CDs) and video compact discs (VCDs), building materials, military industry and medical care. The Company distributes its products in domestic market and to overseas markets.
WUXI DOUBLE ELEPHANT MICRO FIBRE MATERIAL CO.,LTD 
