Wuxi Double Elephant Micro Fibre Material Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 18, 2022 at 07:45 am
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Wuxi Double Elephant Micro Fibre Material Co.,Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,449.07 million compared to CNY 1,325.95 million a year ago. Revenue was CNY 1,469.95 million compared to CNY 1,341.75 million a year ago. Net income was CNY 50.48 million compared to CNY 42.19 million a year ago. Basic earnings per share from continuing operations was CNY 0.1882 compared to CNY 0.1573 a year ago. Diluted earnings per share from continuing operations was CNY 0.1882 compared to CNY 0.1573 a year ago.
Wuxi Double Elephant Micro Fibre Material Co., Ltd. is a China-based company principally engaged in the manufacture and sales of artificial leather, synthetic leather and polymethyl methacrylate (PMMA) resin. The Company's main products include ultra-fine fiber ultra-real leather, polyurethane polyurethane (PU) synthetic leather, polyvinyl chloride (PVC) artificial leather, PMMA resin and others. The Company's products are mainly used in automobiles, furniture, balls and sports equipment, clothing and footwear, luggage and accessories, liquid crystal display (LCD) light guide plates, light-emitting diode (LED) related products, optical fibers, optical lens, solar photovoltaic batteries, compact discs (CDs) and video compact discs (VCDs), building materials, military industry and medical care. The Company distributes its products in domestic market and to overseas markets.
WUXI DOUBLE ELEPHANT MICRO FIBRE MATERIAL CO.,LTD 
