Shandong Shuangyi Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 21, 2019 at 01:13 pm IST
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Shandong Shuangyi Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 555.970 million compared to CNY 372.251 million a year ago. Operating income was CNY 138.832 million compared to CNY 85.895 million a year ago. Net income was CNY 121.358 million compared to CNY 77.523 million a year ago. Basic earnings per share from continuing operations was CNY 1.11 compared to CNY 0.7 a year ago.
Shandong Shuangyi Technology Co Ltd is a company engaged in research and development, production and sales of composite materials, and provision of related services. The Company's primary products include wind turbine cabin covers, large non-metallic molds, engineering and agricultural machinery and equipment covers and fishing boats. The products are used in a range of areas, including large-scale non-metal mold processing, wind power, engineering and agricultural machinery, yachts and ships. The Company sells its products to both domestic and international markets, including Australia, North America and New Zealand.
SHANDONG SHUANGYI TECHNOLOGY CO., LTD. 
