Sichuan Furong Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 22, 2020 at 05:01 am EDT
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Sichuan Furong Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 326.001 million compared to CNY 288.272 million a year ago. Operating income was CNY 101.542 million compared to CNY 79.788 million a year ago. Net income was CNY 86.961 million compared to CNY 67.615 million a year ago. Basic earnings per share from continuing operations was CNY 0.2169 compared to CNY 0.1932 a year ago.
Sichuan Furong Technology Co., Ltd. is a China-based company mainly engaged in the research and development, production and sales of aluminum structural parts for consumer electronics. The Company's main products mainly include smart phone casing and mid-frame materials, tablet casing materials and notebook casing materials. These products are mainly used in Samsung, Huawei, OPPO, VIVO and other brands of smart phones, as well as Apple and other brands of tablets and laptops. The Company is also engaged in the production of other industrial materials and sales of scrap aluminum business. The Company conducts its businesses within domestic market and overseas markets.
SICHUAN FURONG TECHNOLOGY CO., LTD. 
