Nanjing Quanxin Cable Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 22, 2019 at 03:06 pm EDT
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Nanjing Quanxin Cable Technology Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 312.003 million compared to CNY 315.868 million a year ago. Operating loss was CNY 112.475 million compared to operating Income of CNY 72.829 million a year ago. Net income was CNY 71.811 million compared to CNY 59.463 million a year ago. Basic earnings per share from continuing operations was CNY 0.2296 compared to CNY 0.1901 a year ago.
NANJING QUANXIN CABLE TECHNOLOGY CO., LTD. is a China-based company principally engaged in the research and development, production and sales of anti-defense military optical cables and components, optoelectronic components, FC optical fiber bus switching systems, optoelectronic integrated equipments and heat transmission products. The Company's main products include fluorine plastic cables, polyolefin cables, other insulation cables and cable assemblies. The Company's products are mainly used in the five military fields of aerospace, aviation, shipbuilding, military electronics and weapons. In addition, The Company is also engaged in the design, assembly and production of water treatment equipments through its subsidiary. The Company mainly operates its business in the domestic market.
NANJING QUANXIN CABLE TECHNOLOGY CO., LTD. 
