Sanxiang Advanced Materials Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 17, 2021
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Sanxiang Advanced Materials Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was CNY 226.124 million compared to CNY 181.031 million a year ago. Operating income was CNY 32.253 million compared to CNY 31.491 million a year ago. Net income was CNY 23.034 million compared to CNY 20.689 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.11 a year ago.
Sanxiang Advanced Materials Co., Ltd. is a China-based company principally engaged in the research, design, production and distribution of fused zirconia, casting modified materials, as well as single crystal fused alumina abrasive materials, among others. The Companyâs products include zirconia series products, single crystalline fused alumina series products, cored wire series products, nucleating agent (inoculant) series products, nodulizer series products and silica fume powder series products. The Company operates its business within domestic and overseas markets, including America, Canada, Brazil, France, Italy, Japan, South Korea, Australia, Indonesia, Taiwan and other countries and areas.
SANXIANG ADVANCED MATERIALS CO., LTD. 
