Chongqing Sanxia Paints Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 21, 2020 at 04:58 am
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Chongqing Sanxia Paints Co. Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 190.230 million compared to CNY 230.214 million a year ago. Operating income was CNY 23.949 million compared to CNY 32.702 million a year ago. Net income was CNY 21.016 million compared to CNY 29.356 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.07 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.