Goody Science&Technology Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 06:40 pm IST
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Goody Science&Technology Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,442.030 million compared to CNY 1,640.363 million a year ago. Operating loss was CNY 282.888 million compared to operating Income of CNY 12.917 million a year ago. Net loss was CNY 238.744 million compared to net income of CNY 10.677 million a year ago. Basic loss per share from continuing operations was CNY 0.43 compared to basic earnings per share from continuing operations of CNY 0.02 a year ago.
GOODY SCIENCE&TECHNOLOGY CO.,LTD is a China-based company principally engaged in the research, development, production and sale of plastic pipes. The Company's main products include polyvinyl chloride (PVC) pipes, polyethylene (PE) pipes and polypropylene (PP) pipes. The Company's products are mainly used in the areas of municipal and building drainage, agricultural (drinking water and irrigation), municipal sewage, telecommunications power jacketing, gas transmission, radiant heating and industrial fluid transport. The Company distributes its products in domestic market, with Central China as its main market.