Nanjing Chemical Fiber Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 03:49 am EDT
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Nanjing Chemical Fiber Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 350.48 million compared to CNY 245.21 million a year ago. Revenue was CNY 350.48 million compared to CNY 245.21 million a year ago. Net income was CNY 121.82 million compared to net loss of CNY 22.31 million a year ago. Basic earnings per share from continuing operations was CNY 0.33 compared to basic loss per share from continuing operations of CNY 0.061 a year ago. Diluted earnings per share from continuing operations was CNY 0.33 compared to diluted loss per share from continuing operations of CNY 0.061 a year ago.
Nanjing Chemical Fibre Co Ltd is a China-based company principally engaged in the production and sales of viscose staple fiber, polyethylene terephthalate (PET) structural core materials, and urban ecological water supply business. The Company primarily operates businesses through four segments. The Chemical segment is mainly engaged in the sales business of urban ecological water supply. The Bio-based segment mainly provides viscose staple fiber and lyocell fiber products. Shanghai Yueke segment mainly provides PET structural core material products. The Other segment is mainly engaged in the leasing of fixed assets, intangible assets, packaging materials, sales materials and other business. The Company distributes its products within the domestic market and to overseas markets.