Jiangsu Jiangnan High Polymer Fiber Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2018
April 16, 2019 at 03:09 pm EDT
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Jiangsu Jiangnan High Polymer Fiber Co.,Ltd announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 1,371.556 million compared to CNY 1,429.411 million a year ago. Operating income was CNY 98.038 million compared to CNY 75.723 million a year ago. Net income was CNY 88.417 million compared to CNY 70.055 million a year ago. Basic earnings per share from continuing operations was CNY 0.061 compared to CNY 0.049 a year ago.
JIANGSU JIANGNAN HIGH POLYMER FIBER CO., LTD is a China-based company, principally engaged in production of chemical fiber products and trading of chemical products. The Company mainly provides terylene wool tops and compound staple fibers. Through its subsidiaries, the Company is also engaged in the trading of chemical products, such as pure terephthalic acid for industry uses and industrial glycol, as well as the knitting, dyeing, finishing and processing of fabrics. The Company distributes its products within domestic market and to overseas markets.