Valiant Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 17, 2020 at 11:01 am
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Valiant Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 668.429 million compared to CNY 661.726 million a year ago. Operating income was CNY 163.901 million compared to CNY 128.701 million a year ago. Net income was CNY 124.215 million compared to CNY 101.372 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.11 a year ago.
Valiant Co.,Ltd, formerly Yantai Valiant Fine Chemicals Co., Ltd., is a China-based company principally engaged in the research, development, manufacture and sales of products of information materials, environmental protection materials and large health industries. The Company operates through three main segments. The Information Materials Industry segment is engaged in the manufacture and sales of display materials and other functional materials. The Environmental Protection Materials Industry segment is involved in the research, development and manufacture of new zeolite environmental protection material for tail gas purification. The Large Health Industry segment is engaged in the pharmaceutical production, life sciences and in vitro diagnostic services.
VALIANT CO.,LTD 
