Shandong Dawn Polymer Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 25, 2021
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Shandong Dawn Polymer Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was CNY 1,004.242 million compared to CNY 619.165 million a year ago. Operating income was CNY 91.871 million compared to CNY 84.444 million a year ago. Net income was CNY 70.150 million compared to CNY 69.398 million a year ago. Basic earnings per share from continuing operations was CNY 0.17 compared to CNY 0.17 a year ago.
Shandong Dawn Polymer Co., Ltd. is a China-based company mainly engaged in the research and development, manufacture and sales of polymer composites. The Company operates through two business segments: Modified Plastics and Thermoplastic Elastomers Production and Operation segment and the Color Concentrate Production and Operation segment. The Companyâs products consist of modified plastics, including reinforcing and toughening modified plastics, flame-retardant modified plastics, high gloss modified plastics and others, as well as dynamic fully vulcanized thermoplastic elastomers and masterbatch products, including special masterbatch and multifunctional masterbatches. The products are applied to automobiles, home appliances, electronics, office equipment, aerospace, health and other areas. The Company distributes its products within domestic market and to overseas markets.