North Industries Group Red Arrow Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 22, 2021 at 05:33 am EDT
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North Industries Group Red Arrow Co., Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 4,848.22 million compared to CNY 3,901.06 million a year ago. Revenue was CNY 4,848.22 million compared to CNY 3,901.06 million a year ago. Net income was CNY 606.72 million compared to CNY 329.42 million a year ago. Basic earnings per share from continuing operations was CNY 0.4357 compared to CNY 0.2366 a year ago. Diluted earnings per share from continuing operations was CNY 0.4357 compared to CNY 0.2366 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.