Gaona Aero Material Co., Ltd. Announces Earnings Results for the Half Year Ended June 30, 2021
August 12, 2021 at 04:50 am EDT
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Gaona Aero Material Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 829.654 million compared to CNY 668.415 million a year ago. Operating income was CNY 208.229 million compared to CNY 136.577 million a year ago. Net income was CNY 176.149 million compared to CNY 88.879 million a year ago. Basic earnings per share from continuing operations was CNY 0.375 compared to CNY 0.191 a year ago. Diluted earnings per share from continuing operations was CNY 0.3705 compared to CNY 0.1908 a year ago.
Gaona Aero Material Co.,Ltd. is a China-based company principally engaged in the development, design, manufacture and sale of high temperature alloy products. The Companyâs main products include cast alloy products, wrought alloy products, powder alloy products, special alloy products and high-purity and high-strength special alloy products, among others. The Companyâs products are mainly used in aviation and aerospace, large-scale power generation equipment, weapons, energy, petrochemical, pharmaceutical, automotive turbochargers, nuclear energy and ground gas turbines. The Company distributes its products in domestic market, with Northeast China and North China as its main markets.
GAONA AERO MATERIAL CO., LTD. 
