Kingfa Sci. & Tech. Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 10:47 am
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Kingfa Sci. & Tech. Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 29,593.49 million compared to CNY 26,199.86 million a year ago. Revenue was CNY 29,593.49 million compared to CNY 26,199.86 million a year ago. Net income was CNY 1,731.05 million compared to CNY 3,794.2 million a year ago. Basic earnings per share from continuing operations was CNY 0.6726 compared to CNY 1.4743 a year ago. Diluted earnings per share from continuing operations was CNY 0.6726 compared to CNY 1.4743 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.