Hangzhou Nbond Nonwovens Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 23, 2020 at 03:54 am EDT
Share
HangZhou Nbond Nonwovens Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 338.496 million compared to CNY 248.455 million a year ago. Operating income was CNY 91.345 million compared to CNY 22.763 million a year ago. Net income was CNY 49.059 million compared to CNY 15.062 million a year ago. Basic earnings per share from continuing operations was CNY 0.41 compared to CNY 0.13 a year ago.
Hangzhou Nbond Nonwovens Co., Ltd. is principally engaged in research and development, manufacture and sales of spunlaced nonwovens and related products. The Company's main products include health cloths, synthetic leather substrates, beauty care materials, industrial cleaning cloths, medical protective materials, wet towel materials and personal health care products, among others. Its products are mainly applied in the fields of aesthetic nursing, industrial materials, civil cleaning and medical materials. The Company distributes its products within the domestic market and to overseas market.