Jiangsu Liba Enterprise Joint-Stock Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 05:59 am
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Jiangsu Liba Enterprise Joint-Stock Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,553.05 million compared to CNY 1,282.35 million a year ago. Revenue was CNY 1,586.79 million compared to CNY 1,298.95 million a year ago. Net income was CNY 109.85 million compared to CNY 95.64 million a year ago. Basic earnings per share from continuing operations was CNY 0.412 compared to CNY 0.359 a year ago. Diluted earnings per share from continuing operations was CNY 0.412 compared to CNY 0.359 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.