Ningbo Xianfeng New Material Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 03:58 am EDT
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Ningbo Xianfeng New Material Co.,Ltd announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 353.808 million compared to CNY 426.003 million a year ago. Operating income was CNY 32.894 million compared to operating loss of CNY 168.391 million a year ago. Net income was CNY 33.063 million compared to net loss of CNY 149.453 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to basic loss per share from continuing operations of CNY 0.32 a year ago.
NINGBO XIANFENG NEW MATERIAL CO., LTD is a China-based company principally engaged in the research, development, production and sale of polymer composite sunshade materials. The Company's main products include sunshine fabrics, coated fabrics and aluminized fabrics. The Company is also involved in the manufacture and sale sunshades, such as roller blinds, vertical blinds, curtains, awnings, upholstery and related accessories. The Company distributes its products in domestic market and to overseas markets.