Innuovo Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021 at 04:28 pm IST
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Innuovo Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,599.81 million compared to CNY 1,763.83 million a year ago. Revenue was CNY 2,599.81 million compared to CNY 1,763.83 million a year ago. Net income was CNY 143.78 million compared to CNY 105.83 million a year ago. Basic earnings per share from continuing operations was CNY 0.1268 compared to CNY 0.0934 a year ago. Diluted earnings per share from continuing operations was CNY 0.1268 compared to CNY 0.0934 a year ago.
INNUOVO TECHNOLOGY CO.,LTD., formerly TAIYUAN TWIN TOWER ALUMINUM OXIDE CO., LTD., is a China-based company principally engaged in the research, development, manufacture and distribution of rare-earth permanent magnetic materials and products, motor products, as well as logistics and intelligent fire equipment. The Companyâs main products include neodymium iron boron, motors, Automated Storage and Retrieval Systems (AS/RS) and diamond products. The Company operates its businesses in domestic market and overseas markets.