Geron Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 04:41 am EDT
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Geron Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,340.77 million compared to CNY 1,627.66 million a year ago. Net income was CNY 124.56 million compared to CNY 20.3 million a year ago. Basic earnings per share from continuing operations was CNY 0.71 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.69 compared to CNY 0.12 a year ago.
Wuchan Zhongda Geron Co Ltd, formerly Geron Co Ltd, is a China-based company principally engaged in the production and sales of textile carding equipment and stainless-steel decorating material boards. The textile carding equipment mainly include metallic card clothing, flexible flat-top card clothing, flexible woolen card clothing, stationary flats, integrated cylinders, top combs, combing rollers and other carding parts. The stainless steel decorating material boards are mainly used in elevator refurnishing, home electric appliance surface boards, kitchen and bathroom appliances and interior and exterior decoration. The Company distributes its products within domestic market and to overseas markets.