IKD Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 04:33 am EDT
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IKD Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,351.95 million compared to CNY 1,743.25 million a year ago. Revenue was CNY 2,351.95 million compared to CNY 1,743.25 million a year ago. Net income was CNY 278.88 million compared to CNY 253.02 million a year ago. Basic earnings per share from continuing operations was CNY 0.32 compared to CNY 0.3 a year ago. Diluted earnings per share from continuing operations was CNY 0.32 compared to CNY 0.29 a year ago.
IKD Co Ltd is a China-based company principally engaged in the research, development, production and sale of automotive aluminum alloy precision die-casting parts. The Company's main products include automotive wiper systems, automotive power systems, automotive thermal management systems, automotive steering systems, automotive braking systems and other systems, new energy vehicle three-electric systems, automotive structural parts, automotive intelligent driving systems and other aluminum alloy precision die-casting parts that meet the needs of lightweight, electrified, and intelligent automobiles. The Company mainly operates its businesses in the domestic and overseas markets.