Detail akcie China XD Plastic online

Business Summary: China XD Plastics Company Limited (China XD) is a specialty chemical company. The Company is engaged in the research, development, manufacture and sale of modified plastics for automotive applications in China and to a lesser extent, in Dubai, the United Arab Emirates (UAE). The Company operates in the modified plastics segment. Through its subsidiaries, Heilongjiang Xinda Enterprise Group Company Limited (HLJ Xinda Group) and AL Composites Materials FZE (Dubai Composites), the Company manufactures and sells polymer composite materials (including modified plastics), for automotive applications. The Company's products categories include Modified Polypropylene (PP), Modified Acrylonitrile Butadiene Styrene (ABS), Modified Polyamide 66 (PA66), Modified Polyamide 6 (PA6), Modified Polyoxymethylenes (POM), Modified Polyphenylene Oxide (PPO), Plastic Alloy, Modified Polyphenylene Sulfide (PPS), Modified Polyimide (PI), Modified Polylactic Acid (PLA) and Poly Ether Ether Ketone (PEEK).
Financial Summary: BRIEF: For the nine months ended 30 September 2020, ChinaXD Plastics Company Ltd revenues decreased 37% to $718.1M.Net loss applicable to common stockholders totaled $31.7Mvs. income of $52.1M. Revenues reflect Direct customerssegment decrease of 31% to $138.7M, Distributors segmentdecrease of 9% to $575.4M. Net loss reflects Interestexpense increase of 22% to $56.8M (expense).