Valiant Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 23, 2020 at 11:03 am
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Valiant Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,949.884 million compared to CNY 1,942.975 million a year ago. Operating income was CNY 452.410 million compared to CNY 443.347 million a year ago. Net income was CNY 348.473 million compared to CNY 366.368 million a year ago. Basic earnings per share from continuing operations was CNY 0.38 compared to CNY 0.4 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.