Sanxiang Advanced Materials Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 13, 2021 at 04:21 am EDT
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Sanxiang Advanced Materials Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 434.358 million compared to CNY 343.716 million a year ago. Operating income was CNY 63.487 million compared to CNY 51.306 million a year ago. Net income was CNY 47.029 million compared to CNY 36.134 million a year ago. Basic earnings per share from continuing operations was CNY 0.25 compared to CNY 0.19 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. 
