Chongqing Sanxia Paints Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 24, 2019 at 03:48 am
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Chongqing Sanxia Paints Co. Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 351.435 million compared to CNY 590.520 million a year ago. Operating income was CNY 72.956 million compared to CNY 50.520 million a year ago. Net income was CNY 64.067 million compared to CNY 45.193 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.1 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.