Chongqing Sanxia Paints Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 23, 2020 at 04:17 am
Share
Chongqing Sanxia Paints Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 66.777 million compared to CNY 108.645 million a year ago. Operating income was CNY 1.751 million compared to CNY 12.836 million a year ago. Net income was CNY 1.668 million compared to CNY 11.524 million a year ago. Basic earnings per share from continuing operations was CNY 0.0038 compared to CNY 0.03 a year ago.
Chongqing Sanxia Paints Co., Ltd is primarily engaged in the manufacture and wholesale of paints and coatings. The Company's products include anti-corrosive paints, industrial paints, automotive paints, construction paints, furniture paints and others. The Company also provides other chemical products. Through its subsidiaries, the Company is also engaged in the production and distribution of tablets, granules, capsules and bulk pharmaceutical chemicals, among others. The Company distributes its products principally in domestic market.