Wuxi Double Elephant Micro Fibre Material Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 13, 2020 at 07:09 am EDT
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Wuxi Double Elephant Micro Fibre Material Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,416.596 million compared to CNY 1,395.654 million a year ago. Operating income was CNY 33.888 million compared to CNY 43.301 million a year ago. Net income was CNY 30.282 million compared to CNY 22.239 million a year ago. Basic earnings per share from continuing operations was CNY 0.1694 compared to CNY 0.1244 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 
