Shanghai QiFan Cable Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 13, 2022
Share
Shanghai QiFan Cable Co., Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 18,344.96 million compared to CNY 9,489.27 million a year ago. Revenue was CNY 18,877.54 million compared to CNY 9,735.87 million a year ago. Net income was CNY 683.88 million compared to CNY 410.34 million a year ago. Basic earnings per share from continuing operations was CNY 1.71 compared to CNY 1.1 a year ago. Diluted earnings per share from continuing operations was CNY 1.61 compared to CNY 1.1 a year ago.
Shanghai QiFan Cable Co Ltd is a company engaged in research and development, production and sales of wires and cables, and provision of related services. The Company's products are mainly comprised of power cables and wires and cables for electrical equipment, such as polyvinyl chloride (PVC) insulated wires, welding machine cables, PVC insulated sheathed cables, fire-resistant power cables, computer cables and prefabricated branch cables. The products are used in electric power, home improvement, rail transit, construction engineering, new energy, communications, shipbuilding, intelligent equipment, metallurgy, petrochemical and other areas. The Company sells its products to both domestic and international markets, including Australia, Japan, Thailand, the Philippines, Mongolia and Indonesia.
SHANGHAI QIFAN CABLE CO., LTD 
