Jiangsu Liba Enterprise Joint-Stock Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 08:39 am
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Jiangsu Liba Enterprise Joint-Stock Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 859.861 million compared to CNY 936.248 million a year ago. Operating income was CNY 90.660 million compared to CNY 135.427 million a year ago. Net income was CNY 80.449 million compared to CNY 113.289 million a year ago. Basic earnings per share from continuing operations was CNY 0.36 compared to CNY 0.51 a year ago.
Jiangsu Liba Enterprise Joint-Stock Co., Ltd. is a China-based company primarily engaged in the research, development, production and sales of composite materials for household appliances. It main products include vinyl-coated metal (VCM) which covered with various functional films, primarily used in panels of household appliances, such as refrigerators and washing machines, as well as high-grade water heaters and doors; pre-coated metal (PCM) which covered with organic polymer coatings, primarily used in the lateral plates of household appliances, such as refrigerators and washing machines, as well as products such as microwave ovens and water heaters.
JIANGSU LIBA ENTERPRISE JOINT-STOCK CO., LTD. 
