Fuda Alloy Materials Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 03:06 pm IST
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Fuda Alloy Materials Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,202.74 million compared to CNY 1,443.48 million a year ago. Revenue was CNY 2,202.74 million compared to CNY 1,443.48 million a year ago. Net income was CNY 41.99 million compared to CNY 28.49 million a year ago. Basic earnings per share from continuing operations was CNY 0.31 compared to CNY 0.2092 a year ago. Diluted earnings per share from continuing operations was CNY 0.31 compared to CNY 0.2092 a year ago.
Fuda Alloy Materials Co., Ltd. is a China-based company principally engaged in the research and development, production and sales of electrical contact materials, as well as provides related technical consulting and services. The Company's main products include contact materials, multilayer contacts and contact elements. The Company's products are mainly used in relays, circuit breakers, contactors, sensors, industrial control and other fields. The Company mainly operates its business in the domestic market.