Kuangda Technology Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 01:20 pm IST
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Kuangda Technology Group Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,232.48 million compared to CNY 1,024.85 million a year ago. Revenue was CNY 1,232.48 million compared to CNY 1,024.85 million a year ago. Net income was CNY 140.53 million compared to CNY 159.71 million a year ago. Basic earnings per share from continuing operations was CNY 0.0955 compared to CNY 0.1086 a year ago. Diluted earnings per share from continuing operations was CNY 0.0955 compared to CNY 0.1086 a year ago.
Kuangda Technology Group Co., Ltd, formerly JIANGSU KUANGDA AUTOMOBILE TEXTILE GROUP CO., LTD., is a China-based company, principally engaged in the research and development, manufacture and distribution of inner decorating materials for automobiles. The Company's products include woven fabrics, warp knitted fabrics and weft knitted fabrics, which are applied in the manufacture of automobile seats, door planks and head rests. The Company is also engaged in the investment and operation of photovoltaic power stations. The Company distributes its products within domestic market and to overseas markets.