Guangdong Kitech New Material Holding Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 15, 2022 at 02:04 pm
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Guangdong Kitech New Material Holding Co.,Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 319.7 million compared to CNY 360.63 million a year ago. Revenue was CNY 319.89 million compared to CNY 360.71 million a year ago. Net income was CNY 32.33 million compared to CNY 84.05 million a year ago. Basic earnings per share from continuing operations was CNY 0.43 compared to CNY 1.33 a year ago. Diluted earnings per share from continuing operations was CNY 0.43 compared to CNY 1.33 a year ago.
Guangdong Kitech New Material Holding Co Ltd is a China-based company mainly engaged in the research, development, design, production and sales of high-performance polymer composite materials and their products, and precision injection molds. The Company's main products include modified nylon composite materials and products, modified polypropylene composite materials and products, other modified composite materials and products, and precision injection molds. The Company's products are used in areas such as baby travel supplies, sports equipment, auto parts, household appliances, office furniture, and protective equipment.