Sf Diamond Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 19, 2020 at 04:44 am EDT
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SF Diamond Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 240.174 million compared to CNY 377.965 million a year ago. Operating income was CNY 58.871 million compared to CNY 100.790 million a year ago. Net income was CNY 46.153 million compared to CNY 87.686 million a year ago. Basic earnings per share from continuing operations was CNY 0.0928 compared to CNY 0.1757 a year ago.
SF DIAMOND CO.,LTD is a China-based company principally engaged in the research, development, production and sale of polycrystalline diamond (PCD) and related products. The Company's main products include polycrystalline diamond compact for oil and gas drilling, diamond composite for coal and mining, diamond composite for cutting tools, polycrystalline diamond wire drawing blanks, picks, drills, road teeth, digging machine teeth, finished polycrystalline diamond molds, super-hard knives and diamond grinding wheels. The Company distributes its products in domestic market and to overseas markets.