Sinosteel Anhui Tianyuan Technology Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 22, 2021 at 05:17 am EDT
Share
Sinosteel Anhui Tianyuan Technology Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,820.71 million compared to CNY 1,131.05 million a year ago. Revenue was CNY 1,820.71 million compared to CNY 1,131.05 million a year ago. Net income was CNY 154.34 million compared to CNY 120.92 million a year ago. Basic earnings per share from continuing operations was CNY 0.2239 compared to CNY 0.1754 a year ago. Diluted earnings per share from continuing operations was CNY 0.2239 compared to CNY 0.1754 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.