Shandong Shuangyi Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021 at 05:19 am EDT
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Shandong Shuangyi Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 750.83 million compared to CNY 1,081.65 million a year ago. Revenue was CNY 750.83 million compared to CNY 1,081.65 million a year ago. Net income was CNY 125.53 million compared to CNY 286.38 million a year ago. Basic earnings per share from continuing operations was CNY 0.75 compared to CNY 1.7467 a year ago. Diluted earnings per share from continuing operations was CNY 0.75 compared to CNY 1.7467 a year ago.
Shandong Shuangyi Technology Co Ltd is a company engaged in research and development, production and sales of composite materials, and provision of related services. The Company's primary products include wind turbine cabin covers, large non-metallic molds, engineering and agricultural machinery and equipment covers and fishing boats. The products are used in a range of areas, including large-scale non-metal mold processing, wind power, engineering and agricultural machinery, yachts and ships. The Company sells its products to both domestic and international markets, including Australia, North America and New Zealand.