Nanjing Quanxin Cable Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 24, 2021 at 05:30 am EDT
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Nanjing Quanxin Cable Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 452.962 million compared to CNY 327.564 million a year ago. Operating income was CNY 113.978 million compared to CNY 79.799 million a year ago. Net income was CNY 85.179 million compared to CNY 60.706 million a year ago. Basic earnings per share from continuing operations was CNY 0.293 compared to CNY 0.2093 a year ago. Diluted earnings per share from continuing operations was CNY 0.2908 compared to CNY 0.2093 a year ago.
NANJING QUANXIN CABLE TECHNOLOGY CO., LTD. is a China-based company principally engaged in the research and development, production and sales of anti-defense military optical cables and components, optoelectronic components, FC optical fiber bus switching systems, optoelectronic integrated equipments and heat transmission products. The Company's main products include fluorine plastic cables, polyolefin cables, other insulation cables and cable assemblies. The Company's products are mainly used in the five military fields of aerospace, aviation, shipbuilding, military electronics and weapons. In addition, The Company is also engaged in the design, assembly and production of water treatment equipments through its subsidiary. The Company mainly operates its business in the domestic market.