Asian Star Anchor Chain Co., Ltd. Jiangsu Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 01:19 pm IST
Share
Asian Star Anchor Chain Co., Ltd. Jiangsu reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,010.87 million compared to CNY 840.73 million a year ago. Revenue was CNY 1,010.87 million compared to CNY 840.73 million a year ago. Net income was CNY 97.59 million compared to CNY 67.61 million a year ago. Basic earnings per share from continuing operations was CNY 0.1017 compared to CNY 0.0705 a year ago. Diluted earnings per share from continuing operations was CNY 0.1017 compared to CNY 0.0705 a year ago.
Asian Star Anchor Chain Co Ltd Jiangsu is a China-based company mainly engaged in marine anchor chains, offshore oil platform mooring chains and mining chains. The Company's main products are marine anchor chains and accessories, offshore platform mooring chains and their supporting accessories, and mining chains and their supporting accessories. The anchor chains and mooring chain products produced by the Company are devices for maintaining the safety of ships and marine engineering facilities, and are components of offshore mooring positioning systems, and are supporting industries for the shipbuilding and marine engineering industries. The Company's mining chains are mainly used in mainstream domestic coal mining enterprises. The Company's products are exported to many countries and regions such as Japan, South Korea, Europe, and the United States.