Xiamen Faratronic Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 09:04 am EDT
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Xiamen Faratronic Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 836.519 million compared to CNY 793.871 million a year ago. Operating income was CNY 276.596 million compared to CNY 252.956 million a year ago. Net income was CNY 230.323 million compared to CNY 209.477 million a year ago. Basic earnings per share from continuing operations was CNY 1.02 compared to CNY 0.93 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. 
