Fujian Longxi Bearing Group Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 04:25 am EDT
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Fujian Longxi Bearing Group Co. Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 748.407 million compared to CNY 509.467 million a year ago. Operating income was CNY 122.731 million compared to CNY 24.830 million a year ago. Net income was CNY 108.514 million compared to CNY 26.011 million a year ago. Basic earnings per share from continuing operations was CNY 0.2716 compared to CNY 0.0651 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.