Xiamen Faratronic Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 26, 2021 at 06:41 am EDT
Share
Xiamen Faratronic Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,890.574 million compared to CNY 1,680.321 million a year ago. Operating income was CNY 655.053 million compared to CNY 541.145 million a year ago. Net income was CNY 555.558 million compared to CNY 455.945 million a year ago. Basic earnings per share from continuing operations was CNY 2.47 compared to CNY 2.03 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.