Gem-Year Industrial Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 06:24 am EDT
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Gem-Year Industrial Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,400.856 million compared to CNY 1,011.185 million a year ago. Operating income was CNY 201.620 million compared to CNY 73.113 million a year ago. Net income was CNY 152.851 million compared to CNY 54.198 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.064 a year ago.
GEM-YEAR INDUSTRIAL CO., LTD. is a China-based company, principally engaged in the research and development, manufacture and distribution of mechanical basic parts. The Company mainly provides various types of fasteners, metal products, wire drawings and railway fasteners. The Company provides nuts, bolts, screws, thread rods and non-standard specialty fastening products, among others. The Company's products are applied in several industries, such as road and railway transportation, electric power, automobiles, motors, household electrical appliances and furniture. The Company distributes its products within domestic market and to overseas markets.
GEM-YEAR INDUSTRIAL CO.,LTD. 