Guangdong Ganhua Science and Industry Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 05:37 am EDT
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Guangdong Ganhua Science and Industry Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 464.65 million compared to CNY 298.54 million a year ago. Revenue was CNY 464.65 million compared to CNY 298.54 million a year ago. Net income was CNY 97.35 million compared to CNY 744.05 million a year ago. Basic earnings per share from continuing operations was CNY 0.2225 compared to CNY 1.6801 a year ago. Diluted earnings per share from continuing operations was CNY 0.2225 compared to CNY 1.6801 a year ago.
Guangdong Ganhua Science & Industry Co Ltd, formerly Jiangmen Sugarcane Chemical Factory Group Co Ltd, is a company mainly engaged in research, development and manufacturing of tungsten alloy prefabricated fragments. The Company operates three segments. The Fragment segment provides prefabricated fragments, including tungsten posts, tungsten rings and tungsten balls. The products are used in defense technology. The Power Products segment is involved in design, production and sales of power converters for the conversion of electricity in different modes. The products are applied in various weapon platforms, such as airborne, shipborne, and ammunition. The Sugar Trading segment operates the trading of white granulated sugar.
GUANGDONG GANHUA SCIENCE & INDUSTRY CO., LTD. 
