Sichuan Furong Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 20, 2022 at 05:11 am EDT
Share
Sichuan Furong Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 617.69 million compared to CNY 422.27 million a year ago. Revenue was CNY 617.69 million compared to CNY 422.27 million a year ago. Net income was CNY 95.89 million compared to CNY 72.57 million a year ago. Basic earnings per share from continuing operations was CNY 0.1839 compared to CNY 0.1392 a year ago. Diluted earnings per share from continuing operations was CNY 0.1839 compared to CNY 0.1392 a year ago.
Sichuan Furong Technology Co., Ltd. is a China-based company mainly engaged in the research and development, production and sales of aluminum structural parts for consumer electronics. The Company's main products mainly include smart phone casing and mid-frame materials, tablet casing materials and notebook casing materials. These products are mainly used in Samsung, Huawei, OPPO, VIVO and other brands of smart phones, as well as Apple and other brands of tablets and laptops. The Company is also engaged in the production of other industrial materials and sales of scrap aluminum business. The Company conducts its businesses within domestic market and overseas markets.