Sanxiang Advanced Materials Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 20, 2022 at 05:50 am EDT
Share
Sanxiang Advanced Materials Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 771.87 million compared to CNY 706.2 million a year ago. Revenue was CNY 789.21 million compared to CNY 733.11 million a year ago. Net income was CNY 100.49 million compared to CNY 64.84 million a year ago. Basic earnings per share from continuing operations was CNY 0.3643 compared to CNY 0.2429 a year ago. Diluted earnings per share from continuing operations was CNY 0.3643 compared to CNY 0.2429 a year ago.
Sanxiang Advanced Materials Co., Ltd. is a China-based company principally engaged in the research, design, production and distribution of fused zirconia, casting modified materials, as well as single crystal fused alumina abrasive materials, among others. The Companyâs products include zirconia series products, single crystalline fused alumina series products, cored wire series products, nucleating agent (inoculant) series products, nodulizer series products and silica fume powder series products. The Company operates its business within domestic and overseas markets, including America, Canada, Brazil, France, Italy, Japan, South Korea, Australia, Indonesia, Taiwan and other countries and areas.
SANXIANG ADVANCED MATERIALS CO., LTD. 
