Xiamen Faratronic Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 05:55 am EDT
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Xiamen Faratronic Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,336.312 million compared to CNY 1,191.873 million a year ago. Operating income was CNY 440.019 million compared to CNY 368.053 million a year ago. Net income was CNY 367.322 million compared to CNY 304.349 million a year ago. Basic earnings per share from continuing operations was CNY 1.63 compared to CNY 1.35 a year ago.
XIAMEN FARATRONIC CO., LTD is a China-based company, principally engaged in the manufacture and distribution of electronic basic components. The Company's main products are thin film capacitors. Its thin film capacitors are applied in electronics, home appliances, communication, electricity, industrial control, lighting, new energy (including photovoltaic, wind and automotive) and other industries. The Company also provides transformers and metallized film. The Company distributes its products within domestic market and to overseas markets.
XIAMEN FARATRONIC CO., LTD. 
