Yonggao Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 03:55 am EDT
Share
Yonggao Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 6,368.91 million compared to CNY 4,752.47 million a year ago. Revenue was CNY 6,368.91 million compared to CNY 4,752.47 million a year ago. Net income was CNY 360.05 million compared to CNY 538.06 million a year ago. Basic earnings per share from continuing operations was CNY 0.29 compared to CNY 0.48 a year ago. Diluted earnings per share from continuing operations was CNY 0.29 compared to CNY 0.46 a year ago.
Era Co Ltd, formerly Yonggao Co Ltd, is a China-based company mainly engaged in the manufacture of plastic pipes. The Company operates in three segments. Plastic Pipe segment is mainly engaged in the research and development, production and sales of polyvinyl chloride (PVC), polyethylene (PE) and random copolymer polypropylene (PP-R) plastic pipes. Electrical Switches segment is mainly engaged in the development and production of electrical switches and other home appliances. Solar Energy segment is mainly engaged in the research and development, production and sales of photovoltaic energy-saving products such as solar cell modules and photovoltaic power generation systems. The Company's products are mainly used for water supply, drainage, municipal engineering water supply, drainage and sewage, photovoltaic power generation, smart home and so on.
ERA CO., LTD. 
