Guangdong Tianan New Material Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 07:57 am EDT
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Guangdong Tianan New Material Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 2,043.49 million compared to CNY 861.8 million a year ago. Revenue was CNY 2,064.56 million compared to CNY 869.21 million a year ago. Net loss was CNY 57.71 million compared to net income of CNY 38.29 million a year ago. Basic loss per share from continuing operations was CNY 0.28 compared to basic earnings per share from continuing operations of CNY 0.19 a year ago. Diluted loss per share from continuing operations was CNY 0.28 compared to diluted earnings per share from continuing operations of CNY 0.19 a year ago.
Guangdong Tianan New Material Co Ltd is a China-based company principally engaged in the research and development, design, production and sales of architectural ceramics and polymer composite facing materials. The Company's main products include architectural ceramics, automotive interior facing materials, building fireproof facing materials, home decoration facing materials and films, artificial leather, and other polymer materials, such as polyvinyl chloride (PVC) facing materials, polypropylene (PP) facing materials, and Electron Beam Polypropylene (EBPP) decorative films. The Company is also engaged in the complete assembly business. The Company distributes its products within the domestic market and to overseas markets.