Shenzhen Sunxing Light Alloys Materials Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 18, 2021 at 01:46 pm IST
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Shenzhen SunXing Light Alloys Materials Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,005.830 million compared to CNY 1,033.935 million a year ago. Operating income was CNY 44.806 million compared to operating loss of CNY 108.671 million a year ago. Net income was CNY 31.015 million compared to CNY 94.268 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.59 a year ago.
Shenzhen Sunxing Light Alloys Materials Co Ltd is a China-based company which is mainly engaged in research and development, manufactures and sales of aluminum grain refiner. The Companyâs main products include aluminum grain refiner, potassium fluoroaluminate and other products, such as aluminum titanium boron alloy, aluminum titanium alloy, aluminum and titanium alloy, fluorite powder and aluminum zirconium alloy and other products. The Companyâs products are mainly used in aerospace, rail transportation, military industry, marine, construction, machinery manufacturing, chemical industry and other fields.