Changzhou Tiansheng New Materials Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 12:35 pm
Share
Changzhou Tiansheng New Materials Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 754.61 million compared to CNY 876.62 million a year ago. Revenue was CNY 761 million compared to CNY 893.5 million a year ago. Net loss was CNY 164.09 million compared to CNY 284.7 million a year ago. Basic loss per share from continuing operations was CNY 0.5 compared to CNY 0.87 a year ago. Diluted loss per share from continuing operations was CNY 0.5 compared to CNY 0.87 a year ago.
Changzhou Tiansheng New Materials Group Co Ltd is a China-based company mainly engaged in the research, development, production and sales of polymer foam materials. The Company's main products include soft foam plastic products, soft foam rubber products and polyvinyl chloride (PVC) rigid foam products. The Company's products are mainly used in home appliances, communications, information technology (IT), automobiles and other fields. The Company's structural foam material Strucell series products are used in wind power generation, rail transit, motor home campgrounds, shipbuilding, energy-saving buildings and other fields. The Company mainly conducts its business in domestic and foreign markets.