Zhejiang Sf Oilless Bearing Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 05:29 pm IST
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Zhejiang Sf Oilless Bearing Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 467.802 million compared to CNY 276.509 million a year ago. Operating income was CNY 65.051 million compared to CNY 38.747 million a year ago. Net income was CNY 54.765 million compared to CNY 34.394 million a year ago. Basic earnings per share from continuing operations was CNY 0.45 compared to CNY 0.3 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.