Guangdong Tianan New Material Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 05:27 pm IST
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Guangdong Tianan New Material Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 2,043.49 million compared to CNY 861.8 million a year ago. Revenue was CNY 2,064.56 million compared to CNY 869.21 million a year ago. Net loss was CNY 57.71 million compared to net income of CNY 38.29 million a year ago. Basic loss per share from continuing operations was CNY 0.28 compared to basic earnings per share from continuing operations of CNY 0.19 a year ago. Diluted loss per share from continuing operations was CNY 0.28 compared to diluted earnings per share from continuing operations of CNY 0.19 a year ago.
Guangdong TiananNewMaterial Co., Ltd. is a China-based company principally engaged in the research and development, design, production and sales of polymer composite finishes. The Company's primary products include home decoration finishes, automotive interior finishes, films and artificial leather products, such as the polyvinyl chloride (PVC), polypropylene (PP) and thermoplastic polyolefin (TPO) and other polymer surface material. The Company mainly distributes its products in the domestic market.