Sanxiang Advanced Materials Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 01:33 pm IST
Share
Sanxiang Advanced Materials Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 619.1 million compared to CNY 490.58 million a year ago. Revenue was CNY 619.1 million compared to CNY 490.58 million a year ago.
Net income was CNY 69.59 million compared to CNY 43.81 million a year ago. Basic earnings per share from continuing operations was CNY 0.2571 compared to CNY 0.1643 a year ago. Diluted earnings per share from continuing operations was CNY 0.2571 compared to CNY 0.1643 a year ago.
Sanxiang Advanced Materials Co., Ltd. is a China-based company principally engaged in the research, design, production and distribution of fused zirconia, casting modified materials, as well as single crystal fused alumina abrasive materials, among others. The Companyâs products include zirconia series products, single crystalline fused alumina series products, cored wire series products, nucleating agent (inoculant) series products, nodulizer series products and silica fume powder series products. The Company operates its business within domestic and overseas markets, including America, Canada, Brazil, France, Italy, Japan, South Korea, Australia, Indonesia, Taiwan and other countries and areas.
SANXIANG ADVANCED MATERIALS CO., LTD. 
