Fujian Sbs Zipper Science&Technology Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 05:15 pm IST
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Fujian SBS Zipper Science&Technology Co. Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,349.990 million compared to CNY 1,663.847 million a year ago. Operating income was CNY 64.880 million compared to CNY 29.148 million a year ago. Net income was CNY 66.516 million compared to CNY 47.478 million a year ago. Basic earnings per share from continuing operations was CNY 0.1858 compared to CNY 0.1326 a year ago.
Fujian SBS Zipper Science & Technology Co Ltd is a China-based company mainly engaged in zipper and cross-border e-commerce business. The Company conducts its business through two segments. The Zipper Business segment is engaged in the research and development, production and sales of zippers, precision molds, metal and plastic stamping castings. The products include metal, nylon and plastic steel sliders and zipper accessories, which are used in the fields of clothing, luggage and sporting goods. The Cross-border E-commerce Business segment exports through third-party platforms, and the products sold are own-brand products covering three categories of electronic products, namely computers, communications and consumer electronics, household supplies, kitchen products, health and beauty products, automotive peripherals, other products and other fields. The Company conducts its business in the domestic and foreign markets.