Kingfa Sci. & Tech. Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 03:18 pm
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Kingfa Sci. & Tech. Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 39,615.37 million compared to CNY 34,637.02 million a year ago. Revenue was CNY 40,198.62 million compared to CNY 35,061.17 million a year ago. Net income was CNY 1,661.5 million compared to CNY 4,587.7 million a year ago. Basic earnings per share from continuing operations was CNY 0.6456 compared to CNY 1.7826 a year ago. Diluted earnings per share from continuing operations was CNY 0.6456 compared to CNY 1.7826 a year ago.
KINGFA SCI. &TECH.CO., LTD. is a China-based company principally engaged in the research, development, production and sales of new chemical materials. The Company's main products include modified plastics, biodegradable plastics, high-performance carbon fibers and composite materials, special engineering plastics, environmentally friendly high-performance recycled plastics and others. Its products are mainly applied in automotive, household appliances, modern agriculture, rail transportation, aerospace, high-end equipment, new energy, communications, electrical and electronic, as well as building decoration industries. The Company distributes its products in domestic market and to overseas markets.
KINGFA SCI. & TECH. CO., LTD. 
