Qingdao Hanhe Cable Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 05:01 am EDT
Share
Qingdao Hanhe Cable Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 6,155.79 million compared to CNY 4,923.49 million a year ago. Revenue was CNY 6,155.79 million compared to CNY 4,923.49 million a year ago. Net income was CNY 699.89 million compared to CNY 499.44 million a year ago. Basic earnings per share from continuing operations was CNY 0.21 compared to CNY 0.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.21 compared to CNY 0.15 a year ago.
Qingdao Hanhe Cable Co.,Ltd is a China-based company principally engaged in the research, development, manufacture, distribution and installation of electric wires, cables and cable accessories. The Companyâs main products include power cables, equipment wires and cables, special cables, data cables and overhead conductors, among others. The Company's products are mainly used in electricity, petroleum, chemical, transportation, communication, coal, metallurgy, hydropower, ship building and construction industries. The Company distributes its products in domestic market and to overseas markets, with East China as its main market.