Goody Science&Technology Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 06:50 pm IST
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Goody Science&Technology Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 964.207 million compared to CNY 1,148.975 million a year ago. Operating loss was CNY 35.413 million compared to CNY 197,550.03 a year ago. Net loss was CNY 32.939 million compared to net income of CNY 4.263 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to basic earnings per share from continuing operations of CNY 0.01 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.