Jiangsu Sanfangxiang Industry Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 10:35 am
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Jiangsu Sanfangxiang Industry Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 9,179.164 million compared to CNY 8,415.821 million a year ago. Operating income was CNY 363.259 million compared to CNY 337.576 million a year ago. Net income was CNY 300.142 million compared to CNY 224.910 million a year ago. Basic earnings per share from continuing operations was CNY 0.0821 compared to CNY 0.0615 a year ago.
Jiangsu Sanfame Polyester Material Co Ltd, formerly Jiangsu Sanfame Co Ltd, is a China-based company mainly engaged in the production and sales of bottle-grade polyester chips and purified terephthalic acid (PTA). The Company is also engaged in textile business, chemical business and thermal power business. The textile business is mainly engaged in the production and sales of various cotton yarns, printed and dyed fabrics, polyester-cotton fabrics, yarn-dyed fabrics, etc., as well as fabric dyeing and finishing, printing and cotton spinning processing. The chemical business is mainly engaged in the research and development, production and sales of polybutylene terephthalate (PBT) engineering plastics. Its products are used in various household appliances, electronic products and automotive plastic parts. The main products of the thermoelectric business are electricity and steam. The Company conducts its businesses within the China market and to overseas markets.