Kingfa Sci. & Tech. Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 10, 2020 at 09:15 am
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Kingfa Sci. & Tech. Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 16,930.072 million compared to CNY 12,342.134 million a year ago. Operating income was CNY 2,962.405 million compared to CNY 588.647 million a year ago. Net income was CNY 2,411.717 million compared to CNY 509.584 million a year ago. Basic earnings per share from continuing operations was CNY 0.9371 compared to CNY 0.1914 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. 
