Kuangda Technology Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 06:18 am EDT
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Kuangda Technology Group Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 825.529 million compared to CNY 624.746 million a year ago. Operating income was CNY 126.056 million compared to CNY 117.027 million a year ago. Net income was CNY 101.506 million compared to CNY 99.452 million a year ago. Basic earnings per share from continuing operations was CNY 0.069 compared to CNY 0.0676 a year ago.
Kuangda Technology Group Co., Ltd, formerly JIANGSU KUANGDA AUTOMOBILE TEXTILE GROUP CO., LTD., is a China-based company, principally engaged in the research and development, manufacture and distribution of inner decorating materials for automobiles. The Company's products include woven fabrics, warp knitted fabrics and weft knitted fabrics, which are applied in the manufacture of automobile seats, door planks and head rests. The Company is also engaged in the investment and operation of photovoltaic power stations. The Company distributes its products within domestic market and to overseas markets.