Valiant Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 09:55 am
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Valiant Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,918.105 million compared to CNY 2,870.127 million a year ago. Operating income was CNY 633.342 million compared to CNY 611.967 million a year ago. Net income was CNY 504.710 million compared to CNY 506.707 million a year ago. Basic earnings per share from continuing operations was CNY 0.56 compared to CNY 0.56 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.