Qifeng New Material Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 3,249.821 million compared to CNY 3,679.092 million a year ago. Operating income was CNY 149.838 million compared to CNY 66.224 million a year ago. Net income was CNY 132.712 million compared to CNY 58.353 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to CNY 0.12 a year ago.