Sichuan Furong Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 24, 2021 at 06:06 am EDT
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Sichuan Furong Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,654.163 million compared to CNY 1,299.455 million a year ago. Operating income was CNY 368.161 million compared to CNY 305.167 million a year ago. Net income was CNY 317.673 million compared to CNY 263.035 million a year ago. Basic earnings per share from continuing operations was CNY 0.7922 compared to CNY 0.6927 a year ago.
Sichuan Furong Technology Co., Ltd. is a China-based company mainly engaged in the research and development, production and sales of aluminum structural parts for consumer electronics. The Company's main products mainly include smart phone casing and mid-frame materials, tablet casing materials and notebook casing materials. These products are mainly used in Samsung, Huawei, OPPO, VIVO and other brands of smart phones, as well as Apple and other brands of tablets and laptops. The Company is also engaged in the production of other industrial materials and sales of scrap aluminum business. The Company conducts its businesses within domestic market and overseas markets.