Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 23, 2019 at 10:48 am
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Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 3,234.183 million compared to CNY 2,826.199 million a year ago. Operating income was CNY 142.924 million compared to CNY 306.805 million a year ago. Net income was CNY 133.274 million compared to CNY 261.728 million a year ago. Basic earnings per share from continuing operations was CNY 0.1153 compared to CNY 0.2265 a year ago.
Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. is a China-based company principally engaged in the research, development, production and sale of functional film. The Company's main products include polymer composites, new optoelectronic materials, optical film, solar cell backing film, back sheets, polyester capacitive film, variable information materials, heat shrinkable materials and polyester base film. The Company's products are mainly used in the area of packaging in food, beverage, medicine and daily necessity industries. The Company distributes its products in domestic and to overseas markets.