Xinyu Iron & Steel Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 05:13 am EDT
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Xinyu Iron & Steel Co. Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 85,445.26 million compared to CNY 51,927.58 million a year ago. Revenue was CNY 85,445.26 million compared to CNY 51,927.58 million a year ago. Net income was CNY 3,430.05 million compared to CNY 1,886.91 million a year ago. Basic earnings per share from continuing operations was CNY 1.1 compared to CNY 0.59 a year ago. Diluted earnings per share from continuing operations was CNY 1.1 compared to CNY 0.59 a year ago.
Xinyu Iron & Steel Co., Ltd. is a China-based company principally engaged in the manufacture and sales of steel products. The Company's principal products include middle plate steel, wire products, deformed steel bar and round bar steel, steel billet, electrical steel, thick plate steel, hot-rolled coil, cold-rolled coil, metal products and coking products. The Company is also engaged in the transportation repair, as well as the construction installation business. The Company mainly distributes its products in domestic and overseas markets.