Jiangsu Liba Enterprise Joint-Stock Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 01:33 pm IST
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Jiangsu Liba Enterprise Joint-Stock Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,152.86 million compared to CNY 859.86 million a year ago. Revenue was CNY 1,152.86 million compared to CNY 859.86 million a year ago. Net income was CNY 74.89 million compared to CNY 80.45 million a year ago. Basic earnings per share from continuing operations was CNY 0.28 compared to CNY 0.3 a year ago. Diluted earnings per share from continuing operations was CNY 0.28 compared to CNY 0.3 a year ago.
Jiangsu Liba Enterprise Joint-Stock Co., Ltd. is a China-based company primarily engaged in the research, development, production and sales of composite materials for household appliances. It main products include vinyl-coated metal (VCM) which covered with various functional films, primarily used in panels of household appliances, such as refrigerators and washing machines, as well as high-grade water heaters and doors; pre-coated metal (PCM) which covered with organic polymer coatings, primarily used in the lateral plates of household appliances, such as refrigerators and washing machines, as well as products such as microwave ovens and water heaters.