Swancor Advanced Materials Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
February 25, 2021 at 01:51 pm IST
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Swancor Advanced Materials Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,945.961 million compared to CNY 1,348.722 million a year ago. Operating income was CNY 158.913 million compared to CNY 112.283 million a year ago. Net income was CNY 118.950 million compared to CNY 78.267 million a year ago. Basic earnings per share from continuing operations was CNY 0.32 compared to CNY 0.22 a year ago.
Swancor Advanced Materials Co Ltd is a China-based company mainly engaged in the research and development, production and sales of environmentally friendly high-performance corrosion-resistant materials, wind turbine blade materials and new composite materials. The Company's main products include vinyl ester resins, special unsaturated polyester resins, infusion resins for wind power blades, hand lay-up resins, adhesives, prepreg resins for wind power blade beams, pultrusion resins for wind power blade beams, and environmentally friendly resin, safety materials for rail transit, etc. Its products are used in rail transit safety materials and electric power, petrochemical, electronic and electrical, metallurgy, semiconductor, construction engineering, wind power blade materials and automotive lightweight materials. The Company conducts its businesses within the China market and to overseas markets.
SWANCOR ADVANCED MATERIALS CO., LTD. 
