Changzhou Tiansheng New Materials Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 04:41 am EDT
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Changzhou Tiansheng New Materials Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 600.74 million compared to CNY 695.7 million a year ago. Revenue was CNY 600.74 million compared to CNY 695.7 million a year ago. Net income was CNY 3.38 million compared to CNY 5.03 million a year ago. Basic earnings per share from continuing operations was CNY 0.0104 compared to CNY 0.0154 a year ago. Diluted earnings per share from continuing operations was CNY 0.0104 compared to CNY 0.0154 a year ago.
Changzhou Tiansheng New Materials Group Co Ltd is a China-based company mainly engaged in the research, development, production and sales of polymer foam materials. The Company's main products include soft foam plastic products, soft foam rubber products and polyvinyl chloride (PVC) rigid foam products. The Company's products are mainly used in home appliances, communications, information technology (IT), automobiles and other fields. The Company's structural foam material Strucell series products are used in wind power generation, rail transit, motor home campgrounds, shipbuilding, energy-saving buildings and other fields. The Company mainly conducts its business in domestic and foreign markets.