Sinosteel Anhui Tianyuan Technology Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 07:44 am EDT
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Sinosteel Anhui Tianyuan Technology Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,142.028 million compared to CNY 663.647 million a year ago. Operating income was CNY 121.934 million compared to CNY 85.713 million a year ago. Net income was CNY 104.533 million compared to CNY 74.670 million a year ago. Basic earnings per share from continuing operations was CNY 0.1582 compared to CNY 0.113 a year ago.
Sinosteel New Materials Co Ltd is a China-based company mainly engaged in magnetic materials and inspection and testing business. Its main products and businesses include soft magnetic materials, permanent magnet devices, rare earth permanent magnet devices and inspection and testing services. The soft magnetic material products include manganese tetroxide, iron silicon powder, sendust powder and so on. The inspection and testing services mainly include testing of metal products, steel structures, engineering raw materials and structural parts. The Company's business also includes metal products, mining, building materials and metallurgical equipment. The Company mainly conducts business in the domestic market.
SINOSTEEL NEW MATERIALS CO., LTD. 
