Xinjiang Hejin Holding Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 25, 2020 at 07:14 am EDT
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Xinjiang Hejin Holding Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 66.032 million compared to CNY 46.916 million a year ago. Operating income was CNY 6.686 million compared to operating loss of CNY 8.639 million a year ago. Net income was CNY 8.552 million compared to net loss of CNY 5.139 million a year ago. Basic earnings per share from continuing operations was CNY 0.0222 compared to basic loss per share from continuing operations of CNY 0.0133 a year ago.
XINJIANG HEJIN HOLDING CO., LTD, formerly Shenyang Hejin Holding Co., Ltd., is an investment holding company. Through its subsidiaries, the Company mainly engages in the manufacture and sale of alloy materials, as well as trading business. The Companyâs products include alloy wires and alloy bars, such as electric vacuum alloys, electric resistance alloys, spark plug electrode alloys, nickel and nickel alloy wires used for welding rods and wires, among others. The Company distributes its products within domestic market and to overseas markets.