Xiamen R&T Plumbing Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 19, 2021 at 09:15 am EDT
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Xiamen R&T Plumbing Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,284.195 million compared to CNY 1,109.444 million a year ago. Operating income was CNY 125.038 million compared to CNY 205.515 million a year ago. Net income was CNY 114.626 million compared to CNY 181.538 million a year ago. Basic earnings per share from continuing operations was CNY 0.28 compared to CNY 0.44 a year ago. Diluted earnings per share from continuing operations was CNY 0.27 compared to CNY 0.44 a year ago.
Xiamen R&T Plumbing Technology Co., Ltd. is a China-based company engaged in the research and development, manufacture and sales of bathroom accessories. The Company focuses on the energy and water saving technology. Its major products include water-saving flush assembly, soft closing covers, concealed cisterns, wall-hung tanks and smart toilet seats and other products, among which water-saving flush assembly is the Company's major product. The Company's major products are principally manufactured with engineering plastics.