Nantong Haixing Electronics Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 04:47 am EDT
Share
Nantong Haixing Electronics Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,213.89 million compared to CNY 872.32 million a year ago. Revenue was CNY 1,213.89 million compared to CNY 872.32 million a year ago. Net income was CNY 158.97 million compared to CNY 90.87 million a year ago. Basic earnings per share from continuing operations was CNY 0.76 compared to CNY 0.44 a year ago. Diluted earnings per share from continuing operations was CNY 0.76 compared to CNY 0.44 a year ago.
Nantong Haixing Electronics Co., Ltd. is a China-based company mainly engaged in research and development, production and sales of electrode foils for aluminum electrolytic capacitors. The Company's main products include medium and high pressure foil products. The Company also produces low-pressure foils, corrosion foils and others. These products are mainly used in aluminum electrolytic capacitors in various fields, including energy-saving lighting, consumer electronics, automotive industry, communication electronics, industrial electromechanical, aerospace and others.