Shanghai Kinlita Chemical Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 15, 2022 at 12:00 pm
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Shanghai Kinlita Chemical Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 857.96 million compared to CNY 884.96 million a year ago. Net loss was CNY 108.4 million compared to net income of CNY 91.29 million a year ago. Basic loss per share from continuing operations was CNY 0.222 compared to basic earnings per share from continuing operations of CNY 0.191 a year ago.
Shanghai Kinlita Chemical Co., Ltd. is a China-based company principally engaged in the manufacture, processing and sales of coating products, solvents and additives, as well as the provision of related technical consulting and after-sales services. The Company's main products include cathodic electrophoretic coatings, topcoats, environmentally friendly and energy-saving materials and ceramic coatings. The Company's products are mainly used in automobiles, agricultural machinery, construction machinery, motorcycles, auto parts, light industrial parts and building curtain walls. The Company distributes its products in domestic market, with East China as its main market.
SHANGHAI KINLITA CHEMICAL CO., LTD. 
