Fujian Longxi Bearing Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 04:32 am EDT
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Fujian Longxi Bearing (Group) Co., Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,107.68 million compared to CNY 830.55 million a year ago. Revenue was CNY 1,107.68 million compared to CNY 830.55 million a year ago. Net income was CNY 168.51 million compared to CNY 108.76 million a year ago. Basic earnings per share from continuing operations was CNY 0.4217 compared to CNY 0.2722 a year ago. Diluted earnings per share from continuing operations was CNY 0.4217 compared to CNY 0.2722 a year ago.
FUJIAN LONGXI BEARING (GROUP) CO., LTD is a China-based company principally engaged in the manufacture and distribution of mechanical basic parts and related parts. The Company's major products include bearing products, gears, gear boxes, automobile spare parts, knitting machines, rolling components and powder metallurgy. The Company's bearing products are spherical plain bearings, including radial spherical plain bearings with lubrication, radial spherical plain bearings with self-lubrication and ball end spherical plain bearings, as well as tapered roller bearings, bearings of composite materials, cylinder roller bearings, deep groove ball bearings and others. The Company distributes its products within domestic market and to overseas markets.