Zhejiang Sf Oilless Bearing Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 19, 2022 at 06:07 pm IST
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Zhejiang Sf Oilless Bearing Co.,Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 895.28 million compared to CNY 610.87 million a year ago. Revenue was CNY 908.43 million compared to CNY 624.88 million a year ago. Net income was CNY 100.32 million compared to CNY 74.65 million a year ago. Basic earnings per share from continuing operations was CNY 0.6917 compared to CNY 0.525 a year ago. Diluted earnings per share from continuing operations was CNY 0.6917 compared to CNY 0.525 a year ago.
SF Oilless Bearing Group Co Ltd, formerly Zhejiang Sf Oilless Bearing Co Ltd, is a China-based company mainly engaged in the research, development, production and sales of self-lubricating bearings and composite materials for self-lubricating bearings. The Company's products have covered full series of sliding bearings: self-lubricating bearings, water-lubricating bearings, solid-lubricant-impregnated bearings, boundary-lubricating bearings, oil-lubricating bearings, and grease-lubricating bearings. The products are widely used in industries such as automobiles, engineering machinery, construction machinery, agricultural machinery, fluid transmission, wind power generation, photovoltaic power generation, steel metallurgy, industrial automation, food machinery, and office equipments, etc. The Company conducts its businesses within the domestic market and to overseas markets.