Guangzhou Jointas Chemical Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 03:05 pm IST
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Guangzhou Jointas Chemical Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,235.23 million compared to CNY 830.19 million a year ago. Revenue was CNY 1,235.23 million compared to CNY 830.19 million a year ago. Net income was CNY 25.8 million compared to CNY 94.29 million a year ago. Basic earnings per share from continuing operations was CNY 0.069 compared to CNY 0.29 a year ago. Diluted earnings per share from continuing operations was CNY 0.069 compared to CNY 0.29 a year ago.
Guangzhou Jointas Chemical Co Ltd is a China-based company principally engaged in the research, development, production and sale of coatings and sealant products, as well as the provision of related services. The Company's main products include silicone sealants, water-based sealants, other sealants, asphalt paint and water-based paint. The Company's products are used in various areas, such as construction, home decoration, container manufacturing, steel structure manufacturing, petrochemical equipment and ship yacht equipment. The Company distributes its products mainly in domestic market.