Nanjing Quanxin Cable Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 05:35 am EDT
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Nanjing Quanxin Cable Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 687.09 million compared to CNY 533.64 million a year ago. Revenue was CNY 687.09 million compared to CNY 533.64 million a year ago. Net income was CNY 134.13 million compared to CNY 97.68 million a year ago. Basic earnings per share from continuing operations was CNY 0.4538 compared to CNY 0.3367 a year ago. Diluted earnings per share from continuing operations was CNY 0.4498 compared to CNY 0.3367 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.