Guangdong Tianan New Material Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 15, 2021 at 01:13 pm IST
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Guangdong Tianan New Material Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 869.214 million compared to CNY 868.063 million a year ago. Operating income was CNY 38.606 million compared to operating loss of CNY 778,728.85 a year ago. Net income was CNY 38.286 million compared to CNY 6.499 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.03 a year ago.
Guangdong Tianan New Material Co Ltd is a China-based company principally engaged in the research and development, design, production and sales of architectural ceramics and polymer composite facing materials. The Company's main products include architectural ceramics, automotive interior facing materials, building fireproof facing materials, home decoration facing materials and films, artificial leather, and other polymer materials, such as polyvinyl chloride (PVC) facing materials, polypropylene (PP) facing materials, and Electron Beam Polypropylene (EBPP) decorative films. The Company is also engaged in the complete assembly business. The Company distributes its products within the domestic market and to overseas markets.