Xiamen Faratronic Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 03, 2020 at 06:44 am EDT
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Xiamen Faratronic Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,680.321 million compared to CNY 1,721.422 million a year ago. Operating income was CNY 541.145 million compared to CNY 529.531 million a year ago. Net income was CNY 455.945 million compared to CNY 451.856 million a year ago. Basic earnings per share from continuing operations was CNY 2.03 compared to CNY 2.01 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. 
