Anhui Fengxing Wear Resistant Materials Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 03:35 pm IST
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Anhui Fengxing Wear Resistant Materials Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 665.33 million compared to CNY 414.77 million a year ago. Revenue was CNY 665.33 million compared to CNY 414.77 million a year ago. Net income was CNY 67.21 million compared to CNY 39.3 million a year ago. Basic earnings per share from continuing operations was CNY 0.76 compared to CNY 0.45 a year ago. Diluted earnings per share from continuing operations was CNY 0.76 compared to CNY 0.45 a year ago.
Fengxing Co Ltd, formerly Anhui Fengxing Wear Resistant Materials Co Ltd, is a China-based company mainly engaged in high-efficiency and environmentally friendly motors and integrated system solutions for marine power business and wear-resistant materials business. The high-efficiency and environmentally friendly motors and integrated system solutions for marine power business is mainly engaged in the research and development, manufacturing, sales and service of high-efficiency and environmental-friendly generators and their application in specific scenarios. The wear-resistant materials business is specialized in the research and development, production, sales and technical services of wear-resistant materials, including high-chromium ball sections, extra-high-chromium ball sections, liners and others.