Kingfa Sci. & Tech. Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 14, 2020 at 07:16 pm IST
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Kingfa Sci. & Tech. Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 26,199.862 million compared to CNY 20,376.130 million a year ago. Operating income was CNY 4,542.860 million compared to CNY 1,073.241 million a year ago. Net income was CNY 3,794.203 million compared to CNY 944.403 million a year ago. Basic earnings per share from continuing operations was CNY 1.4743 compared to CNY 0.3573 a year ago.
KINGFA SCI. &TECH.CO., LTD. is a China-based company principally engaged in the research, development, production and sales of new chemical materials. The Company's main products include modified plastics, biodegradable plastics, high-performance carbon fibers and composite materials, special engineering plastics, environmentally friendly high-performance recycled plastics and others. Its products are mainly applied in automotive, household appliances, modern agriculture, rail transportation, aerospace, high-end equipment, new energy, communications, electrical and electronic, as well as building decoration industries. The Company distributes its products in domestic market and to overseas markets.
KINGFA SCI. & TECH. CO., LTD. 
