Suzhou Kingswood Printing Ink Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 06:27 pm IST
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Suzhou Kingswood Printing Ink Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 615.149 million compared to CNY 696.396 million a year ago. Operating income was CNY 167.609 million compared to CNY 156.755 million a year ago. Net income was CNY 118.009 million compared to CNY 67.636 million a year ago. Basic earnings per share from continuing operations was CNY 0.4365 compared to CNY 0.2789 a year ago. Diluted earnings per share from continuing operations was CNY 0.4296 compared to CNY 0.2789 a year ago.
Suzhou Kingswood Education Technology Co Ltd, formerly Suzhou Kingswood Printing Ink Co Ltd, is a China-based company principally engaged in the research, development, production and sale of printing offset inks. The Company's main products include high-gloss offset inks, high-wear offset inks, quick-drying high-gloss offset inks and other offset inks. The Company owns brand names of Dongwu Inks and Kingswood. The Company's products are mainly used in food, electronics, cosmetics and chemical industries. The Company distributes its products in domestic market and to overseas markets, such as the United States, Europe and India.