Valiant Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 14, 2020 at 08:10 am
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Valiant Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,246.610 million compared to CNY 1,293.125 million a year ago. Operating income was CNY 285.340 million compared to CNY 271.310 million a year ago. Net income was CNY 216.338 million compared to CNY 230.685 million a year ago. Basic earnings per share from continuing operations was CNY 0.24 compared to CNY 0.25 a year ago.
Valiant Co.,Ltd, formerly Yantai Valiant Fine Chemicals Co., Ltd., is a China-based company principally engaged in the research, development, manufacture and sales of products of information materials, environmental protection materials and large health industries. The Company operates through three main segments. The Information Materials Industry segment is engaged in the manufacture and sales of display materials and other functional materials. The Environmental Protection Materials Industry segment is involved in the research, development and manufacture of new zeolite environmental protection material for tail gas purification. The Large Health Industry segment is engaged in the pharmaceutical production, life sciences and in vitro diagnostic services.