North Industries Group Red Arrow Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 06:41 am EDT
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North Industries Group Red Arrow Co. Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 646,301.53 compared to CNY 532,163.13 a year ago. Operating income was CNY 41,495.38 compared to CNY 33,005.31 a year ago. Net income was CNY 27,455.98 compared to CNY 25,521.72 a year ago. Basic earnings per share from continuing operations was CNY 0.1972 compared to CNY 0.183 a year ago.
NORTH INDUSTRIES GROUP RED ARROW CO., LTD, formerly HUNAN JIANGNAN RED ARROW CO.,LTD, is a China-based company principally engaged in the research, development, manufacture and sale of superhard materials, intelligent ammunition products and internal combustion engine parts. The Companyâs superhard materials mainly include synthetic diamonds, cubic boron nitrides single crystal and polycrystalline series, composite materials and high-purity graphite and related products, among others. The Company's intelligent ammunition products mainly include large caliber shells, rocket bombs, missiles and submunitions, among others. The Companyâs internal combustion engine parts mainly include gasoline, diesel engine cylinder liners and pistons, among others. The Company distributes its products in domestic market and to overseas markets.
NORTH INDUSTRIES GROUP RED ARROW CO., LTD 
