Guangdong Kitech New Material Holding Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 05:25 pm IST
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Guangdong Kitech New Material Holding Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 225.6 million compared to CNY 272.39 million a year ago. Revenue was CNY 225.6 million compared to CNY 272.39 million a year ago. Net income was CNY 30.83 million compared to CNY 72.35 million a year ago. Basic earnings per share from continuing operations was CNY 0.43 compared to CNY 1.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.43 compared to CNY 1.15 a year ago.
Guangdong Kitech New Material Holding Co Ltd is a China-based company mainly engaged in the research, development, design, production and sales of high-performance polymer composite materials and their products, and precision injection molds. The Company's main products include modified nylon composite materials and products, modified polypropylene composite materials and products, other modified composite materials and products, and precision injection molds. The Company's products are used in areas such as baby travel supplies, sports equipment, auto parts, household appliances, office furniture, and protective equipment.