Suzhou Xingye Materials Technology Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 22, 2019 at 12:39 pm EDT
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Suzhou Xingye Materials Technology Co.,Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 639.067 million compared to CNY 755.715 million a year ago. Operating income was CNY 84.760 million compared to CNY 93.104 million a year ago. Net income was CNY 69.610 million compared to CNY 78.150 million a year ago. Basic earnings per share from continuing operations was CNY 0.35 compared to CNY 0.39 a year ago.
Suzhou Xingye Materials Technology Co., Ltd. is a China-based company principally engaged in the research, development, production and distribution of functional new materials, especially foundry materials. The Companyâs products include foundry resin series, casting coating series, melting material series, as well as foundry auxiliary materials, among others. Its products are mainly applied in the fields of automobile and internal combustion engines, machine tools, power generation, cast iron pipes, construction machinery, smelting and heavy machine, rail transit, as well as ship manufacturing, among others. The Company distributes its products within domestic market and to overseas markets.
SUZHOU XINGYE MATERIALS TECHNOLOGY CO.,LTD. 