Fuda Alloy Materials Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 04:33 am EDT
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Fuda Alloy Materials Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,443.483 million compared to CNY 1,077.187 million a year ago. Operating income was CNY 22.025 million compared to CNY 44.653 million a year ago. Net income was CNY 28.490 million compared to CNY 50.695 million a year ago. Basic earnings per share from continuing operations was CNY 0.2092 compared to CNY 0.3684 a year ago.
Fuda Alloy Materials Co., Ltd. is a China-based company principally engaged in the research and development, production and sales of electrical contact materials, as well as provides related technical consulting and services. The Company's main products include contact materials, multilayer contacts and contact elements. The Company's products are mainly used in relays, circuit breakers, contactors, sensors, industrial control and other fields. The Company mainly operates its business in the domestic market.
FUDA ALLOY MATERIALS CO.,LTD 