Jiangsu Liba Enterprise Joint-Stock Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 25, 2021 at 04:48 am
Share
Jiangsu Liba Enterprise Joint-Stock Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,298.949 million compared to CNY 1,284.268 million a year ago. Operating income was CNY 108.261 million compared to CNY 151.780 million a year ago. Net income was CNY 95.644 million compared to CNY 132.196 million a year ago. Basic earnings per share from continuing operations was CNY 0.431 compared to CNY 0.596 a year ago.
Jiangsu Liba Enterprise Joint-Stock Co., Ltd. is a China-based company primarily engaged in the research, development, production and sales of composite materials for household appliances. It main products include vinyl-coated metal (VCM) which covered with various functional films, primarily used in panels of household appliances, such as refrigerators and washing machines, as well as high-grade water heaters and doors; pre-coated metal (PCM) which covered with organic polymer coatings, primarily used in the lateral plates of household appliances, such as refrigerators and washing machines, as well as products such as microwave ovens and water heaters.
JIANGSU LIBA ENTERPRISE JOINT-STOCK CO., LTD. 
