Jiangsu Boiln Plastics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 01:56 pm IST
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Jiangsu Boiln Plastics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 163.43 million compared to CNY 145.83 million a year ago. Revenue was CNY 163.43 million compared to CNY 145.83 million a year ago. Net income was CNY 33.78 million compared to CNY 25.2 million a year ago. Basic earnings per share from continuing operations was CNY 0.34 compared to CNY 0.34 a year ago.
Jiangsu Boiln Plastics Co Ltd is a China-based company mainly engaged in the research, development, production and sales of modified plastic products. The Company's business operations are divided into four reporting segments: High-Performance Modified Nylon segment, High-Performance Modified Polyester segment, Engineered Polyolefin segment, and Masterbatch and Functional Masterbatch segment. High-Performance Modified Nylon mainly includes modified polyamide (PA) 6 and PA66; High-Performance Modified Polyester mainly includes modified polycarbonate/polybutylene terephthalate, modified polyamide Polycarbonate/Acrylonitrile-Butadiene-Styrene copolymer, modified polybutylene terephthalate; Engineered Polyolefin mainly contains modified polypropylene; Color Masterbatch and Functional Masterbatch are mainly includes various color masterbatches and functional masterbatches.