Sunlour Pigment CO.,LTD. Reports Earnings Results for the Full Year Ended December 31, 2021
April 11, 2022 at 07:56 am EDT
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Sunlour Pigment CO.,LTD. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,333.44 million compared to CNY 1,353.25 million a year ago. Revenue was CNY 1,336.1 million compared to CNY 1,354.23 million a year ago. Net income was CNY 95.27 million compared to CNY 158.09 million a year ago. Basic earnings per share from continuing operations was CNY 1.12 compared to CNY 2.11 a year ago. Diluted earnings per share from continuing operations was CNY 1.12 compared to CNY 2.11 a year ago.
Sunlour Pigment Co Ltd is a China-based company engaged in the research and development, production, and sales of phthalocyanine series and chromium series pigments. The Company's phthalocyanine series pigments mainly include phthalocyanine blue and phthalocyanine green, which are mainly used for the coloring of printing, packaging, construction, decoration, machinery, furniture, children's toys, and other plastic products. The chromium pigments are mainly chrome yellow and molybdenum red, which are used in the fields of coatings and plastics. The coating field mainly includes road coatings, anti-corrosion coatings, coil coatings, and mechanical coatings; the plastic field includes coloring and advertising color manufacturing such as general masterbatch.