Guangdong Tianan New Material Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 08:40 am
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Guangdong Tianan New Material Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 496.02 million compared to CNY 243.42 million a year ago. Revenue was CNY 496.02 million compared to CNY 243.42 million a year ago. Net income was CNY 1.42 million compared to CNY 12.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.007 compared to CNY 0.06 a year ago. Diluted earnings per share from continuing operations was CNY 0.007 compared to CNY 0.06 a year ago.
Guangdong Tianan New Material Co Ltd is a China-based company principally engaged in the research and development, design, production and sales of architectural ceramics and polymer composite facing materials. The Company's main products include architectural ceramics, automotive interior facing materials, building fireproof facing materials, home decoration facing materials and films, artificial leather, and other polymer materials, such as polyvinyl chloride (PVC) facing materials, polypropylene (PP) facing materials, and Electron Beam Polypropylene (EBPP) decorative films. The Company is also engaged in the complete assembly business. The Company distributes its products within the domestic market and to overseas markets.