Sichuan Furong Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 19, 2020 at 07:49 am EDT
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Sichuan Furong Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,299.455 million compared to CNY 984.219 million a year ago. Operating income was CNY 305.167 million compared to CNY 179.751 million a year ago. Net income was CNY 263.035 million compared to CNY 159.310 million a year ago. Basic earnings per share from continuing operations was CNY 0.6927 compared to CNY 0.4552 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.