North Industries Group Red Arrow Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 04:23 am EDT
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North Industries Group Red Arrow Co. Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 3,381.493 million compared to CNY 3,079.242 million a year ago. Operating income was CNY 342.860 million compared to CNY 341.864 million a year ago. Net income was CNY 283.976 million compared to CNY 261.676 million a year ago. Basic earnings per share from continuing operations was CNY 0.2039 compared to CNY 0.1865 a year ago.
NORTH INDUSTRIES GROUP RED ARROW CO., LTD, formerly HUNAN JIANGNAN RED ARROW CO.,LTD, is a China-based company principally engaged in the research, development, manufacture and sale of superhard materials, intelligent ammunition products and internal combustion engine parts. The Companyâs superhard materials mainly include synthetic diamonds, cubic boron nitrides single crystal and polycrystalline series, composite materials and high-purity graphite and related products, among others. The Company's intelligent ammunition products mainly include large caliber shells, rocket bombs, missiles and submunitions, among others. The Companyâs internal combustion engine parts mainly include gasoline, diesel engine cylinder liners and pistons, among others. The Company distributes its products in domestic market and to overseas markets.
NORTH INDUSTRIES GROUP RED ARROW CO., LTD 
